Average total cost and the average variable cost

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Reference no: EM131195485

Suppose the total cost of producing 10,000 tennis balls is $30,000 and the fixed cost is $10,000

Assuming that the cost cures have the usual shape, is the dollar difference between the average total cost and the average variable cost greater when the output is 10,000 tennis balls or when the output is 30,000 tennis balls explain.

Reference no: EM131195485

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