Suppose at an output level of 150 units a firm's average fixed cost is $25 and average variable cost is $50. Then the average total cost of the firm is ______.\

Respuesta :

The average total cost of the firm is $75.

What is the average total cost of the firm?

The average total cost is the sum of the average fixed cost and the average variable cost.

The average total cost = average fixed cost + average variable cost

$25  + $50 = $75

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