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Mathematics, 17.12.2020 14:00 Callmetay24

The table below shows the information that managers of a company have from a week of business activity. number of employees 100
wage per employee $850
value of output $120 000
rent $8 000
raw materials $15 000
output 12 000

Assuming there are no other costs and that everything produced was sold, what is the-
a) total fixed cost
b) total variable cost
c) total cost
d) labour productivity

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