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|Published on: May 24|Categories: 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:As a firm increases its output; the average fixed cost?Dividing total variable cost by quantity of output gives?If the total fixed cost is the same regardless of…If a firm's price is less than average cost but more…Given the cost function C = 160 + 36Q; what is the…SEE ALSO The desire for goods without the ability to pay is called?