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pirex pirex
wrote...
Posts: 634
6 years ago
Suppose the short-run production function is q = 10 * L. If the wage rate is $10 per unit of labor, then AFC equals
A) 0.
B) 1.
C) 10/q.
D) It cannot be determined from the information provided.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 65 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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Posts: 432
Rep: 0 0
6 years ago
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pirex Author
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6 years ago
Thanks
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This calls for a celebration Person Raising Both Hands in Celebration
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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