The question from economics and it is about calculating the, Microeconomics

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The question from economics and it is about calculating the

Question-

Suppose a firm is producing 1,000 units of output (Q). Its average fixed costs are $100. Its average variable costs are $50. What is the total cost (TC) of producing 1,000 units of output (Q)? It the price (P) of the good is $200, what is total revenue? What is total profit?

Additional Information-

The question from Economics and it is about calculating the total cost of producing 1000 units with fixed and variable costs present. The answer has the all calculations in detail.

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Microeconomics: The question from economics and it is about calculating the

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Microeconomics: The question from economics and it is about calculating the

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