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Author Question: A firm's average total cost is 80, its average variable cost is 75, and its output is 50 units. Its ... (Read 96 times)

Awilson837

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on: Jun 29, 2018
A firm's average total cost is 80, its average variable cost is 75, and its output is 50 units. Its total fixed cost is
 
  A) less than 100.
  B) between 100 and 200.
  C) between 200 and 300.
  D) more than 300.

Question 2

In the above figure, the competitive unregulated equilibrium is producing and consuming ________ vaccinations per year at a price of ________.
 
  A) 30 thousand; 40
  B) 30 thousand; 30
  C) 30 thousand; 20
  D) 50 thousand; 30


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gabrielle_lawrence

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Awilson837

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

kswal303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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