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At its current short-run level of production, a firm's average variable cost equal $15 per unit, and its average fixed costs qual $30 per unit. its total cost at this production level equal $900.

What is the firm's current output level?____units.

What are its total variable costs at this output level? $_____

What are its total fixed costs? $_____

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91236980

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