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A firm produces 100 computers. Its total costs are $80,000 of which fixed costs are $30,000. What are its: Average Fixed Costs Average Variable Costs
A firm produces 100 computers. Its total costs are $80,000 of which fixed costs are $30,000. What are its:
- Average Fixed Costs
- Average Variable Costs
- Average Total Costs
- When it produces another computer its total costs rise to $80,700. What is the marginal cost of the 101stcomputer?
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
