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Aleks [24]
2 years ago
7

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 to

tal cost of the firm is ______.\
Business
1 answer:
posledela2 years ago
3 0

The average total cost of the firm is $75.

<h3>What is the average total cost of the firm?</h3>

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

To learn more about fixed cost, please check: brainly.com/question/27127934

#SPJ1

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Answer:

The demand of a product may increase due to several factors, including a decrease in the product's price, an increase in the price of the competition (substitute products), a decrease in the price of complement, or an increase in consumer income.

The company can only control the price they charge for the product, but they do not control the other external factors. If the supplier is able to increase the quantity supplied, the equilibrium price might not vary at least in the short run. If the external factors continue then the equilibrium will probably increase.

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3 years ago
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3 years ago
What is meant by centralised direction
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2 years ago
On September 1, 2020, Vaughn Manufacturing issued a note payable to National Bank in the amount of $1440000, bearing interest at
Vilka [71]

Answer:

$28,800

Explanation:

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