Question: Given the following data on input and output levels. Suppose the output price is $5 and input price is $10. Find the values of AVP
Given the following data on input and output levels. Suppose the output price is $5 and input price is $10. Find the values of AVP and MVP when X = 4:

Given the following data on input and output levels. Suppose the output price is $5 and input price is $10. Find the values of AVP and MVP when X = 4: 0 $20 and $750 0 $312.50 and $375 0 $20 and $375 0 $265.50 and $475
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