slewis02012022 slewis02012022

08-05-2024
Mathematics

Answered

A business incurs the following costs:
• Labor: $105/unit
• Materials: $35/unit
• Rent: $300,000/month
Assume the firm produces 3 million units per month.
The total variable cost, per month, is
The total fixed cost, per month. is
million.
million.
The total cost is

Answer :

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