A-LevelEconomicsThe price system and the microeconomy9708/31 · May/June 2020 · Q81 Mark
The table shows a firm's total and marginal costs.
- (a)output | total cost () | marginal cost () --- | --- | --- 1 | 340 | 40 2 | 375 | 35 3 | 400 | 25 4 | 435 | 35 5 | 475 | 40 What is the average fixed cost of producing 6 units? A $50 B $60 C $180 D $300[1]
Mark scheme
Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.
- [1] A
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