Refer to the table shown. If the output of bicycles is 4 per week, the average cost of producing each bicycle is: $$\begin{array} { | c | c | }
\hline \begin{array} { c }
\text { Output } \
\text { (bicycles per week) }
\end{array} & \text { Tatal cast (dallars) } \
\hline 1 & 100 \
\hline 2 & 200 \
\hline 3 & 310 \
\hline 4 & 440 \
\hline 5 & 580 \
\hline 6 & 730 \
\hline 7 & 900 \
\hline 8 & 1,200 \
\hline
\end{array}$$
A)$100.
B)$110.
C)$120.
D)$140.

Question

Refer to the table shown. If the output of bicycles is 4 per week, the average cost of producing each bicycle is: $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Output } \
\text { (bicycles per week) }
\end{array} & \text { Tatal cast (dallars) } \
\hline 1 & 100 \
\hline 2 & 200 \
\hline 3 & 310 \
\hline 4 & 440 \
\hline 5 & 580 \
\hline 6 & 730 \
\hline 7 & 900 \
\hline 8 & 1,200 \
\hline
\end{array}$$
A)$100.
B)$110.
C)$120.
D)$140.

Quizplus · Accepted Answer

To find the average cost of producing each bicycle when the output is 4 per week, divide the total cost at that output level by the number of bicycles. The total cost for 4 bicycles is $440, so the average cost per bicycle is $440 / 4 = $110.

Refer to the Table Shown A)$100 B)$110

Refer to the Table Shown A)$100
B)$110