Please help me please I don’t understand and my teacher said I got it wrong for numbers 1 2 and 3
2 answers:
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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
Answer:
Quadrant 2, x-axis
Step-by-step explanation:
Point C is on top left side of the x-y graph, which is quadrant 2.
An axis refers to line, so the x axis the is horizonal line, as it says on the right end of it. The y axis is the vertical line, noted at the top of the line.
The only line that's on a line is point D and it's on the x-axis.
