Question
At its current short-run level of production, a firm's average variable costs equal $30 per unit, and its average fixed costs equal $10 per unit.
At its current short-run level of production, a firm's average variable costs equal
$30 per unit, and its average fixed costs equal $10 per unit. Its total costs at this production level equal
$2,400.
What is the firm's current output level?
what are its total variable costs at this output level?
what are its total fixed costs?
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The Economics of Women Men and Work
Authors: Francine D. Blau, Marianne A. Ferber, Anne E. Winkler
7th edition
978-0190670863, 019067086X, 132992817, 978-0132992817
