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Figure: Short-Run Costs II
-(Figure: Short-Run Costs II) Look at the figure Short-Run Costs II. At 6 units of output, average variable cost is approximately:
A) $100.
B) $120.
C) $200.
D) $250.

Question

Use the following to answer questions:
Figure: Short-Run Costs II 
-(Figure: Short-Run Costs II) Look at the figure Short-Run Costs II. At 6 units of output, average variable cost is approximately:
A) $100. 
B) $120. 
C) $200. 
D) $250.

Quizplus · Accepted Answer

At 6 units of output, the average variable cost (AVC) is approximately $120 as indicated by the graph in the figure.

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