62 568
Assignments Done
99%
Successfully Done
In June 2018

Answer to Question #67739 in Economics of Enterprise for Kabelo

Question #67739
Suppose a firm produces 20 units of output per month and has a total variable cost of R3 000 per month. If its average fixed costs are R400 per month, what are its total costs per month?
Expert's answer
TC=3000+20*400=11000

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions