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Natali5045456 [20]
3 years ago
9

Tankao makes earbuds for mobile devices. When Tankao produces 20 sets of earbuds, its average variable cost is $5 per set and it

s average total cost is $8 per set. Tankao's:
marginal cost is less than $3 per set.
marginal cost is equal to its average fixed cost.
marginal cost is $3 per set.
average fixed cost is $3 per set.
Business
1 answer:
Aleksandr-060686 [28]3 years ago
8 0

Answer:

average fixed cost is $3 per set.

Explanation:

From the information given, we can say about the average fixed cost only

The average total cost is $8 per set and average variable cost is $5 per set -> average fixed cost = $8 - $5 = $3 per set

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