Economics


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Querist : Anonymous

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Querist : Anonymous (Querist)
12 December 2011 Output = 0 1 2 3
Total cost= 30 40 50 60


Find average fixed cost of 3 units.
(a) 10
(b) 30
(c) 65
(d) 60.

Answer is 65.
Plz show how to calculate?

12 December 2011 Correct answer is 10


12 December 2011 Correct answer is 10

not 65



O TC FC afc
0 30 30 0
1 40 30 30
2 50 30 15
3 60 30 10

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