If the fixed cost of a firm is 800.00 Naira and it's ...
If the fixed cost of a firm is 800.00 Naira and it's variable cost is 2,700 Naira while it's total output is 100 units, what is the average cost of the firm?
25 Naira
35 Naira
45 Naira
50 Naira
Correct answer is B
No explanation has been provided for this answer.
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