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The Manager of Greene Enterprises,Inc

Question 30

Multiple Choice

The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC) function to be The manager of Greene Enterprises,Inc.,recently estimated its average variable cost AVC) function to be Greene Enterprises faces total fixed costs TFC) of $300,000.When Greene Enterprises produces 6,000 units,average variable cost AVC) is $_________. A) $40 B) $49.62 C) $55 D) $60 E) $72.46 Greene Enterprises faces total fixed costs TFC) of $300,000.When Greene Enterprises produces 6,000 units,average variable cost AVC) is $_________.


A) $40
B) $49.62
C) $55
D) $60
E) $72.46

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