The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC)function to be Greene Enterprises faces total fixed costs TFC)of $300,000.If Greene Enterprises produces 6,000 units of output,what is estimated average total cost ATC)?
A)$40
B)$75.25
C)$80
D)$90
E)$168.42

Question

The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC)function to be  Greene Enterprises faces total fixed costs TFC)of $300,000.If Greene Enterprises produces 6,000 units of output,what is estimated average total cost ATC)?
A)$40 
B)$75.25 
C)$80 
D)$90 
E)$168.42

Quizplus · Accepted Answer

The Answer of The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC)function to be  Greene Enterprises faces total fixed costs TFC)of $300,000.If Greene Enterprises produces 6,000 units of output,what is estimated average total cost ATC)?
A)$40 
B)$75.25 
C)$80 
D)$90 
E)$168.42

The Manager of Greene Enterprises,Inc