380
280
60
400
✅ The correct answer is B.
Total costs (TC) = FC + TVC. Average Fixed Costs (AFC) = FC/Q.
TC = 400+1000 = 1400.
AFC = 1400/5 = 280.
Total costs (TC) = FC + TVC. Average Fixed Costs (AFC) = FC/Q.
TC = 400+1000 = 1400.
AFC = 1400/5 = 280.