Top Posters
Since Sunday
A
6
j
6
c
5
m
5
C
5
d
5
s
5
n
4
i
4
d
4
d
4
J
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
insherro insherro
wrote...
Go to Answer
Posts: 671
Rep: 5 0
7 years ago
Assume a firm is currently producing 100 units of output, total fixed costs are $10,000, and average variable costs are $8. Based on this information we can conclude, with certainty, that the firm's:
A) marginal costs are $8.
B) total variable costs are $8000.
C) average fixed costs are $2.
D) total costs are $10,800.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 123 times
1 Reply
University of Ottawa - Economics for Managers
Replies
Answer verified by a subject expert
andyborziandyborzi
wrote...
#1
Posts: 449
Rep: 13 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

insherro Author
wrote...

7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
7.prime7105
wrote...

Yesterday
Just got PERFECT on my quiz
Hellish Lover
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  902 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 990
  
 75
  
 138
Your Opinion
Which country would you like to visit for its food?
Votes: 215
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?