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    Exam 22: The Firm: Cost and Output Determination
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    When Super Stuff Corporation Produces 5,000 Units, Total Costs Equal
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When Super Stuff Corporation Produces 5,000 Units, Total Costs Equal

Question 62

Question 62

Multiple Choice

When Super Stuff Corporation produces 5,000 units, total costs equal $150,000 and total variable costs equal $75,000. At this level of output, what is Super Stuff's average fixed cost?


A) $75,000
B) $30
C) $225,000
D) $15

Correct Answer:

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