The Total Cost of a Firm Is $50,the Average Variable

question 70

Multiple Choice

The total cost of a firm is $50,the average variable cost is $2,and the average fixed cost is $3.How many units of output does the firm produce?

• A) 5 units
• B) 10 units
• C) 15 units
• D) 18 units

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Definitions:

Death Tolls

The total number of fatalities resulting from an event, such as a natural disaster or conflict.

Population Densities

Refers to the number of people living per unit of area, such as a square kilometer or mile, and is a measure used to evaluate how crowded a place is.

Prehistoric Earthquake

An earthquake that occurred before historical records, studied through geological evidence such as sediment layers and mineral formations.

Sediment

Particles of rock, mineral, or organic material deposited by water, wind, or ice.