Longjeremiahs3127 Longjeremiahs3127
  • 07-01-2020
  • Mathematics
contestada

At an output level of 50 units per day, a firm has average total costs of $60 and average variable costs of $35. Its total fixed costs are____________.

Respuesta :

sampsonola sampsonola
  • 07-01-2020

Answer:

$ 1250

Step-by-step explanation:

output = 50 units per day

average total cost = $ 60

total cost = output × average total cost =50 × 60 = $ 3000

total variable cost = output × average variable cost = 35 × 50 = $ 1750

total cost = total fixed cost + total variable cost

total fixed cost = total cost - total variable cost = $ 3000 - $ 1750 = $ 1250

Answer Link

Otras preguntas

Scenario: Sheree visits her mother in her retirement home. They catch up on each other’s lives, and soon enough they get into an argument about Sheree and her u
Using the tables as experimental data, determine whether it is more likely for a new food establishment to succeed and earn up to $25,000, or whether it is more
Pls help me this question is bad
Please hellp Will give 100 extra point if right and brainliest
Discussion Topic One of the most fiercely debated topics in sports is the hot hand theory. The hot hand theory says that success breeds success. In other words,
Identify the conditional relative frequency by row. round to the nearest percent. the conditional relative frequency that someone ate more than 2 cups of fruit,
Write a dialogue in Spanish between two people meeting for the first time in Cuba. Use at least 5 different questions. PLEASE HELPPPP
What is the sum of -3 X^2 - 7x + 9 and -5 X^2 + 6x - 4
Confidence level=99.9%, degrees of freedom=24
CAN SOMEBODY JUST ANSWER THE CORRECT ONE COME ON