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?

A. 25 Naira
B. 35 Naira
C. 45 Naira
D. 50 Naira

Correct Answer: Option B

B. 35 Naira

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