The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC)function to be Greene Enterprises faces total fixed costs TFC)of $300,000.When Greene Enterprises produces 6,000 units,average variable cost AVC)is $_________.
A)$40
B)$49.62
C)$55
D)$60
E)$72.46

Question

The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC)function to be  Greene Enterprises faces total fixed costs TFC)of $300,000.When Greene Enterprises produces 6,000 units,average variable cost AVC)is $_________.
A)$40 
B)$49.62 
C)$55 
D)$60 
E)$72.46

Quizplus · Accepted Answer

The Answer of The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC)function to be  Greene Enterprises faces total fixed costs TFC)of $300,000.When Greene Enterprises produces 6,000 units,average variable cost AVC)is $_________.
A)$40 
B)$49.62 
C)$55 
D)$60 
E)$72.46

The Manager of Greene Enterprises,Inc