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Suppose a firm produces 15 units per month and it has a total variable cost (TVC) of R5 000 per month. If its average fi

Posted: Sun Jun 05, 2022 11:58 am
by answerhappygod
Suppose A Firm Produces 15 Units Per Month And It Has A Total Variable Cost Tvc Of R5 000 Per Month If Its Average Fi 1
Suppose A Firm Produces 15 Units Per Month And It Has A Total Variable Cost Tvc Of R5 000 Per Month If Its Average Fi 1 (35.85 KiB) Viewed 72 times
Please assist on answering the questions below
Suppose a firm produces 15 units per month and it has a total variable cost (TVC) of R5 000 per month. If its average fixed costs (AFC) are R350 per month, what are its total costs per month? R5 000 R350 R5 250 R10 250