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    Exam 22: The Firm: Cost and Output Determination
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    When a Company Produces 5,000 Units, Total Costs Equal $150,000
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When a Company Produces 5,000 Units, Total Costs Equal $150,000

Question 240

Question 240

Multiple Choice

When a company produces 5,000 units, total costs equal $150,000 and total variable costs equal $75,000. At this level of output, what is that company average fixed cost?


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

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