Refer to the table shown. The average fixed cost of producing eight bicycles is:Output(bicycles per week)Total cost (dollars)110022003310444055806730790081,200

A. $150.
B. less or equal to $12.50.
C. $100.
D. greater than $20.

Answer: B

Economics

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Exhibit 30-2

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A. i and ii B. i not ii C. ii not i D. neither i nor ii

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