Multiple Choice
A firm's average total cost is $60, its average variable cost is $30, and its total fixed cost is $600. Its output is
A) 50 units.
B) 20 units.
C) 40 units.
D) 30 units.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: The above table shows the total product
Q37: A normal profit for a self- employed
Q38: A firm's opportunity costs _.<br>A) increase when
Q39: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -In the figure
Q40: As output increases, marginal cost will eventually<br>A)
Q42: Which of the following statements is true?<br>A)
Q43: The marginal product of labour is the<br>A)
Q44: The long run is a time frame
Q45: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4952/.jpg" alt=" -The average total
Q46: The marginal product of labour is equal