Tom's Tent Company has total fixed costs of $300,000 per year. The firm's average variable cost is $80 for 10,000 tents. At that level of output, the firm's average total costs equal
A)$80
B)$90
C)$100
D)$110

Question

Quizplus · Accepted Answer

The Answer of Tom's Tent Company has total fixed costs of $300,000 per year. The firm's average variable cost is $80 for 10,000 tents. At that level of output, the firm's average total costs equal
A)$80
B)$90
C)$100
D)$110

Tom's Tent Company Has Total Fixed Costs of $300,000 Per