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if total costs are $25,000 when 1,000 units are produced, and total costs are $25,100 when 1001 units are produced, we can conclude that:there are no...
if total costs are $25,000 when 1,000 units are produced, and total costs are $25,100 when 1001 units are produced, we can conclude that:
a.there are no fixed costs
b.average total costs are less than 25$
c.average variable costs are $100
d. marginal cost equals 100$