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The Manager of Greene Enterprises,Inc

Question 32

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.If Greene Enterprises produces 6,000 units of output,what is estimated short-run marginal cost SMC) ? A) $45.60 B) $62.40 C) $83 D) $92 E) $100 Greene Enterprises faces total fixed costs TFC) of $300,000.If Greene Enterprises produces 6,000 units of output,what is estimated short-run marginal cost SMC) ?


A) $45.60
B) $62.40
C) $83
D) $92
E) $100

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