Please round your answers to two decimal points. 1- Suppose a company has $500 of fixed costs and a constant marginal co
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Please round your answers to two decimal points. 1- Suppose a company has $500 of fixed costs and a constant marginal co
company has $500 of fixed costs and a constant marginal cost of $0.05. What are average total costs (ATC) at a. output of 10 units? $ b. output of 100 units? $ c. output of 1,000 units? $ e. output of 2000 units? $ f. output of 5000 units? $
Please round your answers to two decimal points. 1- Suppose a