alleryStart learning →A firm has TFC of 900 and AVC of 15 at 60 units. What is its total cost?
A900
B1,800
C1,500
D1,200
Answer & Solution
Correct answer: B. 1,800
TVC is 15 times 60, which is 900, and adding the 900 of fixed cost gives 1,800.
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