Suppose a Firm Is Producing 10 000 Units of Output

question 100

Multiple Choice

Suppose a firm is producing 10 000 units of output.At this level of output,average total cost is $200 and average fixed cost is $20.It can be concluded that total variable cost is

• A)$180.
• B)$1800.
• C)$18 000.
• D)$180 000.
• E)$1 800 000.

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