julien1419 julien1419

25-01-2024
Mathematics

contestada

If the Total Fixed Cost of a production process is $60 and the price of the variable input is $10 per unit, what is the Total Cost of producing 500 units of output that utilizes 20 units of variable input?
A) $30,000
B) $200
C) $260
D) $5,000

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