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.When Greene's output is 2,000 units,what is short-run marginal cost SMC)?
A)$20
B)$42
C)$72
D)$90
E)$100

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.When Greene's output is 2,000 units,what is short-run marginal cost SMC)?
A)$20 
B)$42 
C)$72 
D)$90 
E)$100

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.When Greene's output is 2,000 units,what is short-run marginal cost SMC)?
A)$20 
B)$42 
C)$72 
D)$90 
E)$100

The Manager of Greene Enterprises,Inc