Business, 16.03.2020 17:03 Princess14321

When Ajax Co. produced 3 units of output per week, its total fixed cost was $100 and total variable cost was $45. When output increased to 4 units per week, total fixed cost remained at $100 and total variable cost increased to $70.a. When output was 4 units per week, total cost was $_.
b. When output was 4 units per week, average variable cost was $_.
c. When output was 4 units per week, average fixed cost was $_.
d. When output was 4 units per week, average total cost was $_.
e. The marginal cost of producing the fourth unit was $___.

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When Ajax Co. produced 3 units of output per week, its total fixed cost was $100 and total variable...

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