Economy, asked by yzeeed6, 1 month ago

If you know that with 8 units of output average fixed cost is $12.50 and average variable cost is $81.25, then total cost at this output is

Answers

Answered by mindfulmaisel

1

Q=8

AFC= 12.50

TFC= AFC*Q

=100

AVC=81.25

TVC=AVC*Q

=650

TC= 100+650

=₹750

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