Question: Suppose variable costs ( v ) are $5 per unit. If total output ( Q ) is 1,000 units, what will total variable costs (VC)
Suppose variable costs ( v ) are $5 per unit. If total output ( Q ) is 1,000 units, what will total variable costs
(VC) be? And if we have variable costs of $5 per unit and fixed costs of $6,000 per year calculate the Total Production cost!
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