Suppose a firm is currently producing 2 0 units of output ( Q ) . If the
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Question:
Suppose a firm is currently producing units of output Q If the average fixed cost incurred at that level of output is $ then what must be this firm's total fixed cost?
a
$; the firm is not incurring a fixed cost
b
between $ and $
c
between $ and $
d
between $ and $
e
greater than $
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