Question

Total OutputTotal Costs
0$10
118
221
323
424
526
629
733
838
944
1051

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

This answer is hidden. It contains 1 characters.