Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / A firm produces 400 units of output at a total cost of $1,200

A firm produces 400 units of output at a total cost of $1,200

Accounting

A firm produces 400 units of output at a total cost of $1,200. If total variable costs are $1,000,

a. average fixed cost is 50 cents,

b. average variable cost is $2,

c. average total cost is $2.50,

d. average total cost is 50 cents.

Option 1

Low Cost Option
Download this past answer in few clicks

2.88 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE