Business, 14.03.2020 00:27 johnkings140

At its current short-run level of production, a firm's average variable costs equal $30.00 per unit, & its average fixed costs equal $25.00 per unit. Its total costs at this production level equal $3,500. 1. What is the firm's output level?
2. What are its total variable costs at this output level?
3. What are its total fixed costs?

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At its current short-run level of production, a firm's average variable costs equal $30.00 per unit,...

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