Question
Under the assumption that that the TFC of a firm called Open Text is $200, TVC is $600, and TP is 4 units, then: Multiple
Under the assumption that that the TFC of a firm called Open Text is $200, TVC is $600, and TP is 4 units, then:
Multiple Choice
a)average variable cost is $150.
b) marginal cost is $50.
c) average total cost is $100.
d)average fixed cost is $100.
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International Economics
Authors: Dennis Appleyard, Alfred Field
8th Edition
978-0078021671, 0078021677
