Business, 17.03.2020 03:12 papabosue

A shoe factory produces 20 units of output. Its average fixed cost (AFC) = $25, average total cost (ATC) = $35, and marginal cost (MC) = $15. The shoe factories average variable cost (AVC) is .

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A shoe factory produces 20 units of output. Its average fixed cost (AFC) = $25, average total cost (...

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