2008
Economics
67e856d33cf20db308447ec1
Given that fixed cost is N500.00, Variable cost is N1,500.00 and output is 40 units, what will be the average cost of producing one units?
A.
N12.50.00
B.
N50.00
C.
N37.50
D.
N500.00
Correct Answer: N50.00
Explanation
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