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Answer to Question #29278 in Economics of Enterprise for sandra
Question #29278
it cost the firm $50 to hire a unit of labour per day. Additionally the combined fixed cost of production are $30 per day. Use the information given to create a schedule showing
1. Total variable costs
2 Total fixed costs
3. Total cost
4. Average variable costs
5. Average fixed Costs
6. Average total costs
7. Marginal costs
1. Total variable costs
2 Total fixed costs
3. Total cost
4. Average variable costs
5. Average fixed Costs
6. Average total costs
7. Marginal costs
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