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earnstyle [38]
2 years ago
13

In the short run, if average variable costs equal $60, average total costs equal $70, and output equals 100, the total fixed cos

ts should equal.
Business
1 answer:
Leto [7]2 years ago
7 0

The total fixed cost should equal $1000.

<h3>What is the total fixed cost?</h3>

The first step is to determine the average fixed cost. The average fixed cost can be determined by subtracting the average variable costs from average total costs.

$70 - $60 = $10

Total fixed cost is the product of average fixed cost and output

100 x $10 = $1000

To learn more about cost, please check: brainly.com/question/26502221

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<em>B. Unique selling proposition</em>

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Which of the following may occur as a result of a increase in the price of cell phones?
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If the level of incomes rises for high-income workers but doesn't change for low-income workers, then poverty will not change an
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If the level of incomes rises for high-income workers but doesn't change for low-income workers, "then poverty will not change and inequality will rise."

<h3>What is poverty?</h3>

Lack of resources to meet necessities like food, clothing, and shelter constitutes poverty. But poverty goes far beyond simply not having enough money.

According to the World Bank, poverty is as follows:

  • Hunger is poverty.
  • Absence of shelter is poverty.
  • Being sick and unable to visit a doctor is poverty.
  • Being illiterate and lacking access to education are both aspects of poverty.
  • Living day by day and not having a job are all signs of poverty.

Some faces of poverty is also-

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To know more about factors cause poverty in low-income nations, here

brainly.com/question/1985270

#SPJ4

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