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Other Fields Homework Help Economics Topic started by: SydTay on Nov 23, 2018



Title: In the short run, a firm's output level is 5 units. Its average cost is $40 and its fixed cost is ...
Post by: SydTay on Nov 23, 2018
In the short run, a firm's output level is 5 units. Its average cost is $40 and its fixed cost is $50. What is this firm's variable cost of producing 5 units?
A) VC = $50
B) VC = $100
C) VC = $150
D) VC = $175


Title: In the short run, a firm's output level is 5 units. Its average cost is $40 and its fixed cost is ...
Post by: aaronF1234 on Nov 23, 2018
 C