Complete Table 21.5: The total variable cost of 2 units of output in Table 21.5 is
A) $15.
B) $27.
C) $8.
D) $12.

Name: Complete Table 21.5: The total variable cost of 2 units of output in Table 21.5 is A) $15. B) $27. C) $8. D) $12.
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Question

Complete Table 21.5:  The total variable cost of 2 units of output in Table 21.5 is
A) $15. 
B) $27. 
C) $8. 
D) $12.

Quizplus · Accepted Answer

To calculate the total variable cost of producing 2 units, we need to add up the variable costs for 2 units in the table.
Variable cost of producing 1 unit = $6
Variable cost of producing 2 units = $6 + $6 = $12
Therefore, the correct answer is D.