If the total cost of production for 1000 widgets is $2000 and marginal cost is constant at $1,what is the average cost if 2000 widgets are produced?
A) $2
B) $1.5
C) $1
D) $0.5

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The Answer of If the total cost of production for 1000 widgets is $2000 and marginal cost is constant at $1,what is the average cost if 2000 widgets are produced?
A) $2
B) $1.5
C) $1
D) $0.5

If the Total Cost of Production for 1000 Widgets Is