Question
The average fixed cost of two units of output from the table below is: Total Output Total Cost 0 $100 2 196 4 212 6
The average fixed cost of two units of output from the table below is:
Total Output Total Cost 0 $100 2 196 4 212 6 310 8 430 10 570
a. $48.
b. $50.
c. $96.
d. $100.
e. 196.
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman
6th edition
73523143, 73523149, 978-0073523149
