Homework Answers
Fixed cost = TC(Q = 1) - TC(Q=1) = 33 - 23 = $10
VC (Q =6) = 88
Thus, TC(Q=6) = VC+FC = 88+10 = 98
ATC = TC/Q
ATC(6) = 98/6
ATC(6) = 16.33
Thus, correct option: (c) $16.33
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