Answer to Question #90615 in Microeconomics for sandiswe

Question

The average total cost of producing cell phones in a factory is R300 at the current output level of 100
per week. If total fixed cost is R20 000 per week, then:
A. average variable cost is R100.
B. average fixed cost is R400.
C. total cost is R10 000.
D. total variable cost is R30 000.
E. marginal cost is R300.