If Total Fixed Costs Are $1,000,variable Costs Are Constant at $5.00

question 63

Multiple Choice

If total fixed costs are $1,000,variable costs are constant at $5.00 per unit over the relevant range of output and average total cost is $6,what is total variable cost?

• A)$100
• B)$1,000
• C)$5,000
• D)$6,000

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