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
Correct Answer:
Verified
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