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The firm's total cost after the rent increase is $2,000, and its new total fixed cost is $1,600. It is producing 20 units of output. Calculate the firm's average variable cost. Show your work.
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The firm's total cost after the rent increase is $2,000, and its new total fixed cost is $1,600. It is producing 20 units of output. Calculate the firm's average variable cost. Show your work.

User Anatoly Lubarsky
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4 votes

Answer:

its adding 400 to 1600

Step-by-step explanation:

User Nenad Dobrilovic
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