Economics JAMB

Given the cost function C = 160 + 36Q; what is the average cost at 20 units of output?
Given the cost function C = 160 + 36Q; what is the average cost at 20 units of output?Given the cost function C = 160 + 36Q; what is the average cost at 20 units of output?

A. N720.00
B. N216.00
C. N44.00
D. N880.00

Correct Answer:

Option C – N44.00

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4 years ago

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