Question

A firm produces 7 unit(s) with a total cost ( TC) of 91.873. Its TC at...

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

B.

the average variable costs (AVC) of 8 units is going to be 38.5

C.

the marginal cost (MC) of the unit 8 is 10.01

D.

the average fixed costs (AFC) of 7 unit(s) is 4.286

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