The fixed cost of running a private practice is 36000 per


The fixed cost of running a private practice is $36,000 per year. The variable cost of providing consultation services from this private practice increase by $30 per consultation for any level of production up to 3000 units. The average and marginal cost of production at output level 1,000 will be a) 66$ and $30 respectively b) 45$ and 36$ c) 36$ and 30$

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Business Economics: The fixed cost of running a private practice is 36000 per
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