O is equal to the fixed cost, FC.O is equal to the average variable cost, AVC.QUESTION 2The average total cost to produce 100 cookies is $0.35 per cookie. The marginal cost is constant at S0.20 for all cookies produced, what is the total cost toproduce 100 cookies?O $35O s100O s0.35O S0.20QUESTION 3Click Save and Submit to save and submit. Click Save All Answers to save all answers.DELL QUESTION 2The average total cost to produce 100 cookies is $0.35 per cookie. The marginal cost is constant at $0.20 for all cookies produced, what is the total cost toproduce 100 cookies?O $35O S100O S0.35O S0.20QUESTION 3Click Save and Submit to save and submit. Click Save All Answers to save all answers.DELLF11F12Prt

ATC(average total cost) is the ratio of TC(total cost) and quantity. ATC=TC/Q MC(marginal cost) is…

QUESTION 2 The average total cost to produce 100 cookies is S0.35 per cookie. The marginal cost is constant at S0.20 for all cookies produced, what is the total cost to produce 100 cookies? O 335 O S100 O s0.35 O s0.20 QUESTION 3

QUESTION 2 The average total cost to produce 100 cookies is S0.35 per cookie. The marginal cost is constant at S0.20 for all cookies produced, what is the total cost to produce 100 cookies? O 335 O S100 O s0.35 O s0.20 QUESTION 3

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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