Question: Total fixed costs = 100,000. Total variable costs = 200,000. Output = 10,000 units. a) What are the probable total fixed costs and total variable

Total fixed costs = €100,000. Total variable costs = €200,000. Output = 10,000 units.

a) What are the probable total fixed costs and total variable costs when output = 20,000 units?

b) What are average fixed costs, average variable costs, and average costs at 10,000 and 20,000 units?

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