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The average total cost of producing electronic calculators in a factory is $28 at the current output level of 190 units per week. If fixed
The average total cost of producing electronic calculators in a factory is $28 at the current output level of 190 units per week. If fixed cost is $860 per week, then what is the firm's variable cost? (enter answer as just a number, no commas, dollar signs, or the like)
The total cost of producing25 tons of butteris $45000. If average variable cost is $765, then what is the firm's average fixed cost? (enter answer as just a number, no commas, dollar signs, or the like)
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