The following schedule shows a firm’s cost data: total variable costs $6400, average fixed costs $20, average total costs $100. What is the firm’s output?
- A32 units
- B50 units
- C64 units
- D80 units
Economics 9708 · AS & A Level · 7.5
Economics 9708 · AS & A Level · 7.5
The following schedule shows a firm’s cost data: total variable costs $6400, average fixed costs $20, average total costs $100. What is the firm’s output?