The average total cost of producing cell phones in a factory is $20 at the current output level of 100 units per week. If fixed cost is $1,600 per
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The average total cost of producing cell phones in a factory is $20 at the current output level of 100 units per week. If fixed cost is $1,600 per week, what is the average variable cost?
a. cheese.
b. average fixed cost is $20.
c. average variable cost is $4.
d. variable cost is $2,000.
e. total cost is $3,200.
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