What are firms profits and average variable cost, Accounting Basics

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What are firms profits and average variable cost

Question:

A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue of $10, average total cost of $8, and fixed costs of $200. What are this firm's profits, marginal cost, and average variable cost respectively?

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Accounting Basics: What are firms profits and average variable cost

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