A firm produces 7 unit(s) with a total cost ( TC) of 91.873. Its TC at 8 units is 100.93, while its VC at 8 is 70.928. This means that ____.
A. |
the average fixed costs (AFC) of 8 units is 38.5 |
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B. |
the average variable costs (AVC) of 8 units is going to be 38.5 |
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C. |
the marginal cost (MC) of the unit 8 is 10.01 |
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D. |
the average fixed costs (AFC) of 7 unit(s) is 4.286 |
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