A Firm's Average Total Cost Is $60, Its Average Variable

question 41

Multiple Choice

A firm's average total cost is $60, its average variable cost is $30, and its total fixed cost is $600. Its output is

• A) 50 units.
• B) 20 units.
• C) 40 units.
• D) 30 units.

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Definitions:

Activities

Tasks, actions, or operations that people engage in, often for enjoyment, learning, or achieving a goal.

Dorsal Root

The part of a spinal nerve that carries sensory neural signals to the spinal cord from the peripheral organs.

Sensory Nerve Impulses

Electrical signals generated by sensory receptors that convey information from the sensory organs to the brain.

Motor Nerve Impulses

electrical signals that travel along motor neurons to stimulate muscles to contract or glands to secrete.