Economics jamb 2004

Given the cost function C = 160 + 36Q, what is the average cost at 20 units of output?

a

N720.00

b

N216.00

c

N44.00

d

N880.00

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c

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Tholuese
2 years ago

AC= TC/Q
AC= 160+36 (20)
AC= 160+720
AC= 880
AC=880/20 = 44✅

Ejemba11
3 years ago

how?? cause i dont understand

supon
2 years ago

@myschool.com,shed light on the questions

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