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Miller technologies has average variable costs of $6 and average total costs of $10 when it produces 1,000 units of output. the firm's total fixed costs equal

Respuesta :

Kalahira
Given: -
  Average variable cost/unit = $6
 Average total cost/unit = $10
 Units = 1000
   To find: - Total fixed cost.
 Solution:
 Fixed cost = Total cost – Variable cost
 Fixed cost = $10 - $6
 Fixed cost = $4 = fixed cost per unit
 Total fixed cost = $4*1000 =$4,000 Firm's total fixed cost is $4,000.

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