At the end of the year, a firm produced 10,000 laptop computers. Its total costs were $5

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At the end of the year, a firm produced 10,000 laptop computers. Its total costs were $5 million, and its fixed costs were $2 million. What are the average variable costs of this firm?

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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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Question Posted: Aug 01, 2016 12:49 PM

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At the end of the year, a firm produced 10,000 laptop computers. Its total costs were $5

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