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Business, 14.04.2020 18:34 braxton24

Suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $100. The average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000 At the current output rate, is average variable cost increasing, constant, or decreasing?

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Suppose that a firm is currently employing 10 workers, the only variable input, at a wage rate of $1...
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