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The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is the average fixed cost? (1)
The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is the average fixed cost?
(1) 5
(2) 5 + (200/Q)
(3) 500
(4) 5Q
(5) none of the above
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Financial Accounting
Authors: C Thomas,
12th Edition
007760086X, 9780077600860
