Mr. Hudson notes that if he produces 10 pairs of shoes per day, his average fixed cost ( AFC ) is $14 and his marginal cost $8; if he produces 20 pairs of shoes per day, his MC is $15. What is his AFC when output is 20 pairs of shoes per day?

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The Answer of Mr. Hudson notes that if he produces 10 pairs of shoes per day, his average fixed cost ( AFC ) is $14 and his marginal cost $8; if he produces 20 pairs of shoes per day, his MC is $15. What is his AFC when output is 20 pairs of shoes per day?

Mr Hudson Notes That If He Produces 10 Pairs of Shoes