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MrGrimey MrGrimey
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6 years ago
If the total cost of production for 1000 widgets is $2000 and marginal cost is constant at $1, what is the average fixed cost for the 1000 widgets?
A) $2
B) $1.50
C) $1
D) $0.50
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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RumkoRumko
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#1
Posts: 279
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6 years ago
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MrGrimey Author
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6 years ago
this is exactly what I needed
jamiebonf99
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Yesterday
Just got PERFECT on my quiz
joyceess
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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