Given that the total fixed cost is N1,000, total variable cost N2,500 and the output, 100 unit.
Find the average total cost of producing one units?

agada mike

10 years ago

average cost=fix cost + variable cost /output. Which is 1000 + 2500 / 100=35

Collinx

10 years ago

the answer is 35.

damcul

10 years ago

35 nawwww

Myschool Blessing

10 years ago

Correction has been made. Thanks for your contributions.

3nety

10 years ago

Yes its 35