A fixed cost, average fixed cost, average total cost and average variable cost .

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Chapter 12, Problem 8PA

Subpart (a):

To determine

A fixed cost, average fixed cost, average total cost and average variable cost.

Subpart (b):

To determine

A fixed cost, average fixed cost, average total cost and average variable cost.

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The city government is considering two tax proposals: • A lump-sum tax of $300 on each producer of hamburgers. • A tax of $1 per burger, paid by producers of hamburgers. Which of the following statements is true as a result of the lump-sum tax? Check all that apply. оооо Marginal cost will decrease. Average total cost will remain unchanged. Average fixed cost will increase. Average variable cost will remain unchanged.

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