The table gives firm X’s total cost at each output level. At what level of output does total variable cost become greater than total fixed cost?
- A0
- B1
- C2
- D3
Economics 2281 · O Level · Firms' costs, revenue and objectives
Economics 2281 · O Level · Firms' costs, revenue and objectives
The table gives firm X’s total cost at each output level. At what level of output does total variable cost become greater than total fixed cost?