If total fixed cost is $200, total variable cost is $600, and total product is 4 units, then average total cost must be
A) $200.
B) $250.
C) $800.
D) $3,200.
Correct Answer:
Verified
Q277: Answer the question on the basis of
Q278: The Sunshine Corporation finds that its costs
Q279: The Sunshine Corporation finds that its costs
Q280: Q281: When marginal cost is increasing, Q283: If average variable cost is $74 and Q284: The fixed cost of the firm is Q285: At any level of output. Q286: If a firm produces 10 units of Q287:
A)total cost must
A)average variable cost
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