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# A firm produces 100 computers. Its total costs are \$80,000 of which fixed costs are \$30,000. What are its: Average Fixed Costs b. Average Variable...

1.   A firm produces 100 computers. Its total costs are \$80,000 of which fixed costs are \$30,000. What are its:

a.   Average Fixed Costs

b.   Average Variable Costs

c.    Average Total Costs

d.   When it produces another computer its total costs rise to \$80,700. What is the marginal cost of the 101st computer?

a.    Average Fixed Costs 30000/100 = 300 b.    Average... View the full answer

A. Average fixed cost = total fixed cost / total units =30000/100 =300 B. Average Variable =... View the full answer

a. Average Fixed Costs (AFC) = \$300 b. Average... View the full answer

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