MCQOPTIONS
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| 1. |
With fixed costs of Rs.400, a firm has average total costs of Rs.3 and average variable costs of Rs.2.50. Its output is: |
| A. | 200 units |
| B. | 400 units |
| C. | 800 units |
| D. | 1600 units |
| Answer» D. 1600 units | |