Given the cost function C = 160 + 36Q, what is the average cost at
ECONOMICS
JAMB 2004
Given the cost function C = 160 + 36Q, what is the average cost at 20 units of output?
- A. N720.00
- B. N216.00
- C. N44.00
- D. N880.00
Correct Answer: C. N44.00
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