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  • 14-06-2021
  • Business
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A firm currently produces 1000 units of output and has total costs of $15,000 and fixed cost of $3,000. What is the firm’s average variable costs?

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gaikwadbalaji716
gaikwadbalaji716 gaikwadbalaji716
  • 17-06-2021

Explanation:

Explanation: The formula is ATC = AFC + AVC. Use this formula.

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