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6. Smith Technologies has average variable costs of $1 and average total costs of $3 when it produces 500 units of output. The firm's total fixed costs equal a. $2. b. $4. …

6. Smith Technologies has average variable costs of $1 and average total costs of $3 when it produces 500 units of output. The firm's total fixed costs equal a. $2. b. $4. …
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6. Smith Technologies has average variable costs of $1 and average total costs of $3 when it produces 500 units of output. The firm's total fixed costs equal

a. $2.
b. $4.
c. $1,000.
d. $2,000.

asked
User Pholser
by
8.9k points

1 Answer

6 votes

Answer:

B

Step-by-step explanation:

answered
User Tvd
by
8.1k points
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