Answer:
64n⁴ - 9n¹⁴
General Formulas and Concepts:
<u>Algebra I</u>
Step-by-step explanation:
<u>Step 1: Define</u>
(8n² + 3n⁷)(8n² - 3n⁷)
<u>Step 2: Expand</u>
Rs 100 of the average total cost is made up of variable costs.
Step-by-step explanation:
Given:
Number of output the firm produces= 7 units
Average cost of the output= Rs. 150
fixed factors of production = Rs.350
To Find:
How much of the average total cost is made up of variable costs=?
Solution:
we know that,
Average total cost= total cost/ number of output units produced
substituting the values, we get
Total cost= 1050
we know that Total fixed cost = 350
Total cost = Total fixed cost + Total variable cost
plug in the known values.
1050= 350 + Total variable cost
Total variable cost = 1050-350
Total variable cost =700
For 7th unit = 100