A firm that has total fixed costs of $40,000 sells its output for $250 per unit and has an average variable cost of $150. If the firm”s cost and revenue curves are linear, how much output must the firm produce to break even?
A firm that has total fixed costs of $40,000 sells its output for $250 per unit and has an average variable cost of $150.
August 15th, 2017 admin