Given that the total fixed cost is N1,000, total variable cost N2,500 and the output, 100 unit. Find the average total cost of producing one units?

Assessment: JAMB UTME - Economics - 1999 Subject: Economics

Question 1 Report

Given that the total fixed cost is N1,000, total variable cost N2,500 and the output, 100 unit.

Find the average total cost of producing one units?

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