If the Total Cost of Producing 20 Units of Output

question 167

Multiple Choice

If the total cost of producing 20 units of output is $1,000 and the average variable cost is $35, what is the firm's average fixed cost at that level of output?

• A)$65
• B)$50
• C)$15
• D)It is impossible to determine without additional information.

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Definitions:

Electrolytic

A type of capacitor that is polarity sensitive.

Temperature Coefficient

A parameter that quantifies the change in a physical property of a material as the temperature changes.

Capacitance Change

A variation in the ability of a capacitor to store an electrical charge, affected by factors such as distance between plates, area of plates, and the dielectric material.

Variable Capacitors

Capacitors whose value can be changed.