Refer to the following:

-In the above figure, what is the AVERAGE variable cost of producing 5 units of output?
A) $12
B) $20
C) $40
D) $60
E) $80

Question

Refer to the following:
 
-In the above figure, what is the AVERAGE variable cost of producing 5 units of output?
A) $12 
B) $20 
C) $40 
D) $60 
E) $80

Quizplus · Accepted Answer

Ford has higher labor productivity than GM, as they are able to produce more vehicles per auto employee.

Answer: None 
 There is no information provided about the profitability or financial performance of either company.

Refer to the Following