Question: Consider the following cost data: Output 0 2 3 4 5 6 Total Cost ($) 24 33 41 48 54 61 69 The average cost


Consider the following cost data: Output 0 2 3 4 5 6 Total Cost ($) 24 33 41 48 54 61 69 The average cost of producing 3 units of output is: Multiple Choice O $48 O $14 O $12 O $13.67 O $16
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