Question 32
MediumOriginal questionA firm's TFC is ₹500. What is AFC at 25 units of output?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
AFC = TFC ÷ q = 500 ÷ 25 = ₹20.
- Concept
- Computing AFC
- Typical timeTypical
- 70 s
- Your timeYours
- —
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