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Questions and Answers
What is the value of TC when the output is 140?
What is the value of TC when the output is 140?
- 220
- 240
- 210 (correct)
- 230
What is the average fixed cost when the output is 210?
What is the average fixed cost when the output is 210?
- 50
- 40 (correct)
- 60
- 80
What is the average total cost when the output is 140?
What is the average total cost when the output is 140?
- 120
- 140 (correct)
- 150
- 130
What is the marginal cost when the output increases from 140 to 210?
What is the marginal cost when the output increases from 140 to 210?
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What is the value of AFC when the output is 0?
What is the value of AFC when the output is 0?
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