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Question
| Total Output | Total Costs |
| 0 | $10 |
| 1 | 18 |
| 2 | 21 |
| 3 | 23 |
| 4 | 24 |
| 5 | 26 |
| 6 | 29 |
| 7 | 33 |
| 8 | 38 |
| 9 | 44 |
| 10 | 51 |
In the above table, when output is 8 units, average variable costs are
A) $4.75.
B) $3.50.
C) $1.25.
D) $4.50.
Answer
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