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3 years ago

12

Brady industries has average variable costs of $1 and average total costs of $3 when it produces 500 units of output. the firm's

total fixed costs equal
a. $2.

b. $4.

c. $1,000.

d. $2,000.

1 answer:

Karolina [17]3 years ago

8 0

C. $1,000

$1 and average total costs of $3 when it produces 500 units of output. the firm's total fixed costs equal 1,000 dollars.

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