Multiple Choice
When producing 8 units of output, average fixed cost is $12.50 and average variable cost is $81.25. Total cost at this output level is
A) $93.75.
B) $97.78.
C) $750.
D) $880.
Correct Answer:
Verified
Related Questions
When producing 8 units of output, average fixed cost is $12.50 and average variable cost is $81.25. Total cost at this output level is
A) $93.75.
B) $97.78.
C) $750.
D) $880.
Correct Answer:
Verified