When Ajax Co. produced 3 units of output per week, its total fixed cost was $100 and total variable cost was $50. When output increased to 4 units per week, total fixed cost remained at $100 and total variable cost increased to $65. When output was 4 units per week, total cost was $(Enter your response as an integer)
When Ajax Co. produced 3 units of output per week, its total fixed cost was $100 and total variable cost was $50. When output increased to 4 units per week, total fixed cost remained at $100 and total variable cost increased to $65. When output was 4 units per week, total cost was $(Enter your response as an integer)
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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Transcribed Image Text:When Ajax Co. produced 3 units of output per week, its total fixed cost was $100 and total variable cost was $50. When output increased to 4 units per week, total fixed cost remained at $100 and
Ktotal variable cost increased to $65.
When output was 4 units per week, total cost was $(Enter your response as an integer.)
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