Question
Assume that in the short run a firm is producing 200 units of output, has average total costs of $250, and has average variable costs
Assume that in the short run a firm is producing 200 units of output, has average total costs of $250, and has average variable costs of $150. The firm'stotal fixedcosts are.
Multiple Choice
- $20,000.
- $2.
- $0.5.
- $100.
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Intermediate Microeconomics and Its Application
Authors: Walter Nicholson, Christopher M. Snyder
12th edition
978-1133189022, 1133189024, 1133189032, 978-1305176386, 1305176383, 978-0357687000, 978-1133189039
