232. CSO: 2C2b LOS: 2C2g The total cost of producing 100 units of a good is $800. If a firm’s average variable cost is $5 per unit, then the firm’s a. average fixed cost is $3. b. total variable cost is $300. c. marginal cost is $3. d. marginal cost is $8.

2C2G THE TOTAL COST OF PRODUCING 100 UNITS OF A GOOD IS $800. IF A F...

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232.

CSO: 2C2b

LOS: 2C2g

The total cost of producing 100 units of a good is $800. If a firm’s average variable cost

is $5 per unit, then the firm’s

average fixed cost is $3.

total variable cost is $300.

marginal cost is $3.

marginal cost is $8.