Suppose the total cost of producing 10,000 tennis balls is $30,000, and the foxed cost is $20,000 a. What is the variabl

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Suppose The Total Cost Of Producing 10 000 Tennis Balls Is 30 000 And The Foxed Cost Is 20 000 A What Is The Variabl 1 (27.55 KiB) Viewed 19 times

Suppose the total cost of producing 10,000 tennis balls is $30,000, and the foxed cost is $20,000 a. What is the variable cost? (Round your response to the nearest dollar) b. When output is 10,000, what is the average variable cost? $(Round your response to two decimal places) When output is 10,000, what is the average foxed cost? (Round your response to two decimal places) c. Assuming that the cost curves have the usual shape, the dollar difference between average total costs and average variable costs increases remains constant increases as output decreases