15Production Productivity CostsMedium1 mark
The table shows the output and total cost of a firm.
| output (units) | total cost ($) |
|---|---|
| 0 | 30 000 |
| 10 000 | 100 000 |
| 20 000 | 400 000 |
| 30 000 | 500 000 |
What is the average fixed cost (AFC) of producing 20 000 units?
May/June 2026 Paper 11
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