
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:Given the following data on input and output levels. Suppose the output price is $5 and input price is
$10. Find the values of AVP and MVP when X = 4:
X
0
2
4
6
8
10
12
Y
0
100
250
450
600
700
750
$312.50 and $375
$20 and $375
$265.50 and $475
$20 and $750
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