Based on the following table,what is average variable cost when output is 200? $\begin{array}{llcc}
\text { Output} & \text { Total Cost } \
0 &\$300\
50&800\
100&1050\
150 &1650\
200 &2400\
\end{array}$

A)$2.00
B)$12.00
C)$10.50
D)$240
E)$210

Question

Based on the following table,what is average variable cost when output is 200? $\begin{array}{llcc}
  \text {  Output} & \text { Total Cost }  \
0 &\$300\
50&800\
100&1050\
150 &1650\
200 &2400\
\end{array}$

A)$2.00
B)$12.00
C)$10.50
D)$240
E)$210

Quizplus · Accepted Answer

Average variable cost can be calculated by finding the difference between total cost and fixed cost, and then dividing that by the output.

Fixed cost = $300 (from when output is 0)

Total variable cost when output is 200 = $2400 - $300 = $2100

Average variable cost when output is 200 = $2100/200 = $10.50

Therefore, the answer is (C).

Based on the Following Table,what Is Average Variable Cost When Output Total Cost 0$30050800100105015016502002400\begin{array}{llcc} \text { Output} & \text { Total Cost } \\0 &\$300\\50&800\\100&1050\\150 &1650\\200 &2400\\\end{array} Output050100150200​ Total Cost $300800105016502400​

Based on the Following Table,what Is Average Variable Cost When $\begin{array}{llcc} \text { Output} & \text { Total Cost } \\0 &\$300\\50&800\\100&1050\\150 &1650\\200 &2400\\\end{array}$