If the fixed cost of a firm is 800.00 Naira and it’s variable cost is 2,700 Naira while it’s total output is 100 units, what is the average cost of the firm? by Sunday | May 24 | Economics WAEC | 0 comments A. 25 Naira B. 35 Naira C. 45 Naira D. 50 Naira Correct Answer: Option B B. 35 Naira Users Also Read These:In the theory of production and cost, the average…BY definition, variable cost (VC) is related to…As the level of output increases; the average fixed…The lower fixed part of a faulty thermometer reads…Given that the total fixed cost is N1,000, total…