If Average Total Costs Are $40 and Average Variable Cost

question 136

Multiple Choice

If average total costs are $40 and average variable cost are $20 at 10 units of output and the marginal cost of the 11^th unit is $30, what do average fixed costs equal at 11 units of output?

• A)$18.18
• B)$20.90
• C)$37.86
• D)$200.00

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