A firm produces 100 units of output at a total cost of $1,900. If fixed costs are $100,
A)average fixed cost is $19.
B)average variable cost is $18.
C)average total cost is $20.
D)average total cost is $21.

Question

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The Answer of A firm produces 100 units of output at a total cost of $1,900. If fixed costs are $100,
A)average fixed cost is $19.
B)average variable cost is $18.
C)average total cost is $20.
D)average total cost is $21.

A Firm Produces 100 Units of Output at a Total