Economics (AS & A Level) · Oct / Nov 2025 · Paper 33 · Question 6
9708Types of cost, revenue and profit, short-run and long-run production
A firm sells 10 000 units per month at a price of $10. The firm's total fixed cost is $40 000 per month. The firm makes only normal profit. What is the average variable cost for this output?
- A$2.00
- B$4.00
- C$6.00
- D$8.00
As printed in the paper
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Correct answer: C. $6.00
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