Question

When the average total cost is $10 and the level of total cost is $9,000, what is the number of units the firm is producing? ​

Answer 1

Answer:

900 units

Explanation:

Average total cost (ATC) = Total cost(TC) /q

=> 10 = 9,000/q

=> q = 9000/10

=> q = 900

where q refers no.units