(Table: Cost Data) Look at the table Cost Data, which shows data for a designer purse factory.The average fixed cost of producing 2 purses is:
A)$0
B)$50
C)$25
D)$2

Question

Quizplus · Accepted Answer

To calculate the average fixed cost, we need to divide the total fixed cost by the quantity produced. From the table, the total fixed cost is $100, and 2 purses were produced. Therefore, the average fixed cost per purse would be $50. Choice B is the correct answer.

(Table: Cost Data) Look at the Table Cost Data, Which