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11 Dec 2019
In the below table, what will be the average fixed cost for producing 3 units of output?
OUTPUT
TOTAL COST ($)
0
10
1
20
2
28
3
38
4
53
5
73
6
98
In the below table, what will be the average fixed cost for producing 3 units of output?
OUTPUT | TOTAL COST ($) |
0 | 10 |
1 | 20 |
2 | 28 |
3 | 38 |
4 | 53 |
5 | 73 |
6 | 98 |
Richa AroraLv10
2 Sep 2020