The average cost of production is

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    the sum of the variable cost of production and the fixed cost of production, divided by the quantity produced.
     the sum of the average variable cost of production and the averaged fixed cost of production.
     the firms total cost of production divided by the quantity produced..
     All of the above.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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All of the above.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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