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You run a small business producing picture frames

Accounting

You run a small business producing picture frames. This month, your total cost of production is $10,321, your variable cost of production is $4,233, and you produce 5,619 picture frames. It follows that

a. average variable cost is $.853.

b. average fixed cost is $1.083.

c. average cost is $1.98.

d. average cost is $3.65.

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