Question: If fixed costs are $960, variable costs are $1,440, and output is 12, then average total cost equals: a.) $200. b.) $80. c.) $120. d.)

If fixed costs are $960, variable costs are $1,440, and output is 12, then average total cost equals:

a.) $200.

b.) $80.

c.) $120.

d.) $100.

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