Refer to Table 7- 3.The average variable cost when producing 132 units of output is approximately
A)30 cents.
B)24 cents.
C)45 cents.
D)89 cents.
E)68 cents.

Name: Refer to Table 7- 3.The average variable cost when producing 132 units of output is approximately A)30 cents. B)24 cents. C)45 cents. D)89 cents. E)68 cents.
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Question

Quizplus · Accepted Answer

The average variable cost when producing 132 units of output is 30 cents. This is found by dividing the total variable cost of $39.60 by the number of units produced, 132.