When it produces 100 units, a firm’s total variable cost is $300 and its total fixed cost is $2700. What is the average cost?1 point$3$24$27$30

A purely competitive firm finds that the market price for its product is $30. It has a fixed cost of $100 and a variable cost of $17.50 per unit for the first 50 units and then $37.50 per unit for all successive units. Instructions: Enter your answers rounded to two decimal places. a. Does price equal or exceed average variable cost for the first 50 units?            What is the average variable cost for the first 50 units?       $  per unit b. Does price equal or exceed average variable cost for the first 100 units?            What is the average variable cost for the first 100 units?       $  per unit c. What is the marginal cost per unit for the first 50 units?       $  per unit      The marginal cost for units 51 and higher?       $  per unit d. For each of the first 50 units, does MR exceed MC?            Is MR > MC for units 51 and higher?       e. What output level will yield the largest possible profit for this purely competitive firm?      units

A firm has fixed costs of $400, average total costs of $3 and average variable costs of $2.50. The output of the firm is _____________.

If you know that total fixed cost is $200, total variable cost is $600, and total product is 4 units, then average total cost must be

At a production level of 5,600 units, a project has total costs of $89,000 and a variable cost per unit of $11.20. What is the amount of the total fixed costs?

Company X has monthly fixed costs of $150,000 and a unit variable cost of $50. How many units do they have to sell at $100 to break even?