The following Table is for answering questions below: Input Output TFC TVC TC MC 200 1000 400 1000 X - T 1200 W Z Y 5   What is the value of W ? 400 200 1000 None of the above

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The following Table is for answering questions below:

Input

Output

TFC

TVC

TC

MC

200

1000

400

1000

X

-

T

1200

W

Z

Y

5

 

What is the value of W ?

  • 400
  • 200
  • 1000
  • None of the above
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