Question
A business incurs the following costs: Labor: $155/unitMaterials: $95/unitRent: $150,000/month Assume the firm produces 2 million units per month. The total variable cost, per month,
A business incurs the following costs:
Labor: $155/unitMaterials: $95/unitRent: $150,000/month Assume the firm produces 2 million units per month.
The total variable cost, per month, __________million.
The total fixed cost, per month, ________________million.
The total cost ________________million.
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The Americans An Economic Record An Economic Record
Authors: Stanley Lebergott
1st Edition
0393953114, 9780393953114
