a-firm-has-a-total-cost-of-800-for-producing-200-units-the-average-fixed-cost-is

Question

A firm has a total cost of $800 for producing 200 units. The average fixed cost is $2 per unit, and the average variable cost is $2 per unit. Verify the average total cost using both methods.

Accepted Answer

Average total cost is $4 per unit using both methods.

Answer

Average total cost is $6 per unit using both methods.

Answer

Average total cost is $7 per unit using both methods.

Answer

Average total cost is $5 per unit using both methods.

A firm has a total cost of \$800 for producing 200 units. The average fixed cost is \$2 per unit, and the average variable cost is \$2 per unit. Verify the average total cost using both methods.