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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 |
Using the above table, we see that when output is 4 units, average variable cost equals
A) $24.00.
B) $14.00.
C) $3.50.
D) $6.00.
Answer
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