Table 13-15
-Refer to Table 13-15. What is average variable cost when output is 50 units?
A)$3.60
B)$4.00
C)$4.40
D)$4.80

Question

Table 13-15 
-Refer to Table 13-15. What is average variable cost when output is 50 units?
A)$3.60 
B)$4.00 
C)$4.40 
D)$4.80

Quizplus · Accepted Answer

To calculate average variable cost, we need to divide total variable cost by the quantity of output. At 50 units, the total variable cost is $200 and the quantity of output is 50, so:
Average variable cost = $200/50 = $4.00. Therefore, the best choice is B.

Table 13-15 -Refer to Table 13-15. What Is Average Variable Cost When