In the short run,a firm's output level is 5 units.Its average cost is $40 and its fixed cost is $50.What is this firm's variable cost of producing 5 units?
A) VC = $50
B) VC = $100
C) VC = $150
D) VC = $175

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The Answer of In the short run,a firm's output level is 5 units.Its average cost is $40 and its fixed cost is $50.What is this firm's variable cost of producing 5 units?
A) VC = $50
B) VC = $100
C) VC = $150
D) VC = $175

In the Short Run,a Firm's Output Level Is 5 Units