A firm that sells its product for $6 a unit has the following total costs.
Which statement is correct?

1 )
Average cost is lowest when 10 units are produced.
The firm does not make any profit when 20 units are sold.
3 )
The firm has no fixed costs.
4 )
Total variable costs fall continuously over these outputs.
تحلیل ویدئویی تست
تحلیل ویدئویی برای این تست ثبت نشده است!