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Wednesday, 01 April 2026
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\(\begin{array}{c|c} \text{Quantity of singlets} \text{Short run total costs(N)} \\ ...

\(\begin{array}{c|c}
\text{Quantity of singlets} & \text{Short run total costs(N)} \\
0 & 1,000 \\
10 & 1,200 \\
20 & 1,400 \\
30 & 1,600 \\
40 & 1,800 \\
\end{array}\)
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.
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  • A N1000
  • B N400
  • C N70
  • D N20
Correct Answer: Option D
Explanation:

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