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Ace Manufacturing produces 1,000 hammers per day. The total fixed cost for the plant is $5,000 per day and the total variable cost is $15,000 per day....

Ace Manufacturing produces 1,000 hammers per day. The total fixed cost for the plant is $5,000 per day and the total variable cost is $15,000 per day. Calculate the average fixed cost, average variable cost, average total cost, and the total cost at the current output level

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