Given that fixed cost is N500.00, variable cost N1,500.00...
Given that fixed cost is N500.00, variable cost N1,500.00 and output is 50 units, what will be the average cost of producing one unit?
N2,000.00
N60.00
N50.00
N40.00
N30.00
Correct answer is D
No explanation has been provided for this answer.
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