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Sagot :
The total fixed cost should equal $1000.
What is the total fixed cost?
The first step is to determine the average fixed cost. The average fixed cost can be determined by subtracting the average variable costs from average total costs.
$70 - $60 = $10
Total fixed cost is the product of average fixed cost and output
100 x $10 = $1000
To learn more about cost, please check: https://brainly.com/question/26502221
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