Economy, asked by jainchiku279, 1 year ago

A firm is operating with a Total Variable Cost of 500 when 5 units of the given output are produced and the Total Fixed Cost are 200, what will be the Average Total Cost of producing 5 units of output?
(a) 140
(b) 100 (c) 120 (d) 300

Answers

Answered by Aakshi971

3

Answer:

a) 140

Explanation:

TC=TFC+TVC=500+200=700

AC=TC/q=700/5=140 Ans.

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