If you know that with 8 units of output, average fixed cost is Rs. 12.50 and average variable cost is Rs. 81.25, then total cost at this output level is:
A) Rs. 93.75.
B) Rs. 97.78.
C) Rs. 750.
D) Rs. 880.
Correct Answer:
Verified
Q10: In the 19th century _ argued that
Q11: _ is distinctive for much greater use
Q12: The most important founder of German sociology,
Q13: International Social Science Associations were founded under
Q14: _ social science discipline deals with the
Q15: Mannheim defines _as the sum of those
Q16: Implicit costs are:
A)Equal to total fixed costs.
B)Comprised
Q17: Suppose a firm sells its product at
Q18: The short run is a time period
Q19: Variable costs are:
A)Sunk costs.
B)Multiplied by fixed costs.
C)Costs
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