At 100 units of output,total cost is $22,000 and total variable cost is $14,000.At 100 units of output,what is the value of average total cost,average variable cost,and average fixed cost,respectively?
A) $22; $14; $8
B) $220; $140; $80
C) $740; $340; $400
D) $340; $740; $60
E) $400; $340: There is not enough information provided to determine the average fixed cost.
Correct Answer:
Verified
Q23: Which of the following statements is true?
A)Costs
Q23: Exhibit 22-1 Q34: Which of the following statements is true? Q36: Five months ago Wilson opened up a Q37: Which of the following statements is false? Q48: The change in total cost that results Q49: The change in output that results from Q50: As the marginal physical product of a Q51: As the marginal physical product curve rises, Q52: Which of these statements is false?
A)The
A)Since
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