Table 3. OTC FC VCMC 0 $52 D SO --- IF $59 M GKNU Consider the...

Question

Question

Table 3. OTC FC VCMC 0 $52 D SO --- IF $59 M GKNU Consider the information in Table 3. What is the value of G? S139

business economics

Answer 1

Answer #1

FC = TC when output is zero

in short run FC remainns constant

Here FC = 52

G = 52

Answer 2

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