Suppose a firm is producing 10 000 units of output.At this level of output,average total cost is $200 and average fixed cost is $20.It can be concluded that total variable cost is
A)$1800.
B)$18 000.
C)$1 800 000.
D)$ 180 000.
E)$180.

Question

Quizplus · Accepted Answer

The Answer of Suppose a firm is producing 10 000 units of output.At this level of output,average total cost is $200 and average fixed cost is $20.It can be concluded that total variable cost is
A)$1800.
B)$18 000.
C)$1 800 000.
D)$ 180 000.
E)$180.

Suppose a Firm Is Producing 10 000 Units of Output