At an Output of 1,000 Units Per Year, a Firm's

question 349

Multiple Choice

At an output of 1,000 units per year, a firm's variable costs are $5,000 and its average fixed costs are $3. Its total costs per year are

• A)$10,000.
• B)$8,000.
• C)$6,000.
• D)$5,000.

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