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At its current short-run level of production, a firm's average variable costs equal $20 per unit, and its average fixed costs equal $20.00 per unit.Its
At its current short-run level of production, a firm's average variable costs equal $20 per unit, and its average fixed costs equal $20.00 per unit.Its total costs at this production level equal $2,500. What is the firm's output level?nothing. (Your answer should have 2 decimal places). What are its total variable costs (to the nearest dollar) at this output level? $ nothing. What are its total fixed costs (to the nearest dollar)? $ nothing.
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