begin array c c text Quantity of singlets amp t... - JAMB Economics 1992 Question
(\begin{array}{c|c}
\text{Quantity of singlets} & \text{Short run total costs(N)} \
0 & 1,000 \
10 & 1,200 \
20 & 1,400 \
30 & 1,600 \
40 & 1,800 \
\end{array})
The short run total costs for different levels of output for a firm producing singlets are shown above. Calculate the variable cost per unit at an output of 20.
A
N1000
B
N400
C
N70
D
N20
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Correct Option: D
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