The lawn ranger , a landscaping company , has total costs of $15,000 and total fixed cost of $13000 .The lawn ranger's toal variables cost are a. indeterminate because the firm's output level is not known. b. $3,000. c. $5,000. d. $2,000.
The lawn ranger , a landscaping company , has total costs of $15,000 and total fixed cost of $13000 .The lawn ranger's toal variables cost are a. indeterminate because the firm's output level is not known. b. $3,000. c. $5,000. d. $2,000.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 23RQ: Which costs are measured on per-unit basis: fixed costs, average cost, avenge variable cost,...
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The lawn ranger , a landscaping company , has total costs of $15,000 and total fixed cost of $13000 .The lawn ranger's toal variables cost are
a. indeterminate because the firm's output level is not known.
b. $3,000.
c. $5,000.
d. $2,000.
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