With Fixed Costs of $400, a Firm Has Average Total

question 423

Multiple Choice

With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output quantity must be

• A)200 units.
• B)400 units.
• C)800 units.
• D)1,600 units.

Gain knowledge on cell formatting including alignment, text, number formats, and applying styles.

Learn how to utilize Excel formulas and functions effectively to perform calculations.

Understand the process of editing and organizing data using different Excel tools.

Know how to use Excel's Auto features like AutoFill, AutoCorrect, AutoFormat, and AutoComplete to increase productivity.

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