Average fixed cost will at this quantity

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Question: Working with Numbers and Graphs Q9 If total variable cost is $115 and average variable cost is $5, quantity of output equals Now, consider the following data: Quantity of Output (Units) 4 5 Total Cost (Dollars) 120 140 The marginal cost of producing the fifth unit is $ units. If total variable cost is $30 when quantity of output equals four units, then average fixed cost is $ As quantity of output increases, average fixed cost will at this quantity.

Reference no: EM133706894

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