Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  2. Economics AQA
  3. Question bank

1.4 Production, costs and revenue

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758596061
Question 4

The table below shows how a firm's total cost of producing leather boots changes as output increases.

Output (leather boots per month)Total cost per month (£)
060 000
2 000180 000
4 000280 000
6 000360 000

What is the average fixed cost of producing 2 000 leather boots per month?

£30

£60

£90

£120

1.4 Production, costs and revenue Questions

  1. A Level
  2. /Economics
  3. /1.4 Production, costs and revenue