Answer to Question #341459 in Marketing for eled

Question #341459

I.

Output

AFC, $

AVC, $

1

50.00

100.00

2

25.00

80.00

3

16.67

66.67

4

12.50

65.00

5

10.00

68.00

6

8.37

73.33

7

7.14

80.00

8

6.25

87.50

Answer the following questions:

a. What is the firm's fixed cost?

Expert's answer

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