Question: If total fixed costs are $ 2 0 0 , 0 0 0 and total variable costs are $ 1 0 0 , 0 0

If total fixed costs are $200,000 and total variable costs are $100,000 at the output of 20,000 units, what are the probable total fixed costs and total variable costs at anoutput of 10,000 units? What are the average fixed costs, average variable costs, and average costs at these two out-put levels? Explain what additional information you would want in order to determine what price should be charged.

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