Solved

Average Total Cost Is $120 When Five Units of Output

Question 84

Multiple Choice

Average total cost is $120 when five units of output are produced. The marginal cost of the sixth unit produced is $90. The total cost of six units of output is:


A) $210.
B) $420.
C) $540.
D) $690.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents