Mathematics, 17.12.2020 14:00 Callmetay24
The table below shows the information that managers of a company have from a week of business activity.
number of employees 100
wage per employee $850
value of output $120 000
rent $8 000
raw materials $15 000
output 12 000
Assuming there are no other costs and that everything produced was sold, what is the-
a) total fixed cost
b) total variable cost
c) total cost
d) labour productivity
Answers: 3
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