Multiple Choice
If the firm produces 200,000 toothbrushes, its total cost is 300,00 and total variable cost is 200,000, what is the average fixed cost?
A) $0.50 per unit
B) $1.00 per unit
C) $1.50 per unit
D) $2.00 per unit
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: Long-run average cost slopes downward over a
Q18: Farview Construction, Inc., has the following
Q19: The brain drain refers to the emigration
Q20: A firm has determined, from past experience,
Q21: One reason that a firm may experience
Q23: If long-run marginal cost is greater than
Q24: If marginal cost is greater than average
Q25: A firm currently produces 3,500 units of
Q26: The process whereby firms reduce their production
Q27: The value of the inputs owned and