-Refer to Table 8.1.Assume the wage rate is $10 and the firm has $1,000 in unavoidable fixed cost.What is the average fixed cost of producing 93 units of output?
A) $11.40
B) $10.75
C) $0.65
D) $10.00

Question

-Refer to Table 8.1.Assume the wage rate is $10 and the firm has $1,000 in unavoidable fixed cost.What is the average fixed cost of producing 93 units of output?
A) $11.40 
B) $10.75 
C) $0.65 
D) $10.00

Quizplus · Accepted Answer

The Answer of 
-Refer to Table 8.1.Assume the wage rate is $10 and the firm has $1,000 in unavoidable fixed cost.What is the average fixed cost of producing 93 units of output?
A) $11.40 
B) $10.75 
C) $0.65 
D) $10.00