uzorchineduemmanuel1
Answered

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if the average fix cost AFC of producing 5 bags of rice is $20,the average fix cost of producing 10 bags will be what?​

Sagot :

Answer: $10

Explanation:

Since the average fixed cost for producing 5 bags of rice is $20, then the total fixed cost will be:

= AFC × Quantity

= $20 × 5

= $100

Therefore, the average fixed cost of producing 10 bags will be:

= Total fixed cost / Quantity

= $100 / 10

= $10

Therefore, the average fixed cost is $10

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