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a. average fixed cost is $3.
b. total variable cost is $300.
c. marginal cost is $3.
d. marginal cost is $8.
a). Average Fixed Costs = $3 since:
* Total Cost (TC) = $800
* Total Variable Cost (TVC) =$500
* then; Total Fixed Cost (TFC) = TC - TVC = $300
& Average Fixed Cost (AFC) = TFC/Produced Quantity = 300/100 = $3/unit produced
good answer
from all
_____________
Total Cost Per Unit= $800/100=$8
Total Cost= Fixed+Variable
$8=Fixed+$5
Fixed=$8-$5=$3
Hence,
Fixed Cost = $3 Per Unit
a. ...>>>>>>>>>>>>>>>>>>>>>>>average fixed cost is $3.
Average Fixed Cost =(800-500)/100=3$
^^^^^^^^^^^^^^^^^^^^^^a. average fixed cost is $3.
The answer is choice A, average fixed costs.
Because:
Total cost =800
Total Variable cost =5(100) =500
Total fixed cost = TC - TVC
Total fixed cost =800 -500 =300
Average FC = Total Fixed Cost / Total quantity
Average FC =300 /100 =3
a. average fixed cost is $3.---------------------------
correct answer
a. average fixed cost is $3.
a. Bcz if you minus the total variable cost of $500 (5*100) from $800 it will result in total fixed cost of $300 and if $300 F.cost is divided into the number of units then the average fixed cost will be $3 (300/100)
Kind regards,
Vivek Kumar
average fixed cost is $3.....................
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