The average total cost of producing electronic calculators in a factory is $26 at the current output level of 200 units per week. If the fixed cost is $715 per week, then what is the firms variable cost?

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Q: True or False Total cost can increase as a result of an increase in variable cost.

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A:

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A:

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A: Total cost = Total fixed cost + total variable cost. Using the definition of total cost we have.