Question
Statement-1 If the TC of production of a FMCG firm ,to produce 1000 units is $20,000 and to produce 1500 units is $ 25,000 .
Statement-1
If the TC of production of a FMCG firm ,to produce 1000 units is $20,000 and to produce 1500 units is $ 25,000. What is the fixed cost of the firm.
Statement-2
The diary store sells only 500 gm cheese cake at $400/piece. The AVC to produce each cake is $200. After you get to know the fixed cost of the firm, find out their Breakeven quantity.
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Plenitude The New Economics Of True Wealth
Authors: Juliet Schor
1st Edition
1594202540, 9781594202544
