The table below shows the total cost of producing different units of a commodity.Table 8.2

-Refer to Table 8.2. The average fixed cost of the first unit of output is:
A)$46.
B)$98.
C)$100.
D)$50.
E)$140.

Question

The table below shows the total cost of producing different units of a commodity.Table 8.2
 
-Refer to Table 8.2. The average fixed cost of the first unit of output is:
A)$46. 
B)$98. 
C)$100. 
D)$50. 
E)$140.

Quizplus · Accepted Answer

Average fixed cost (AFC) is calculated by dividing total fixed costs by the quantity of output. For the first unit, if the total fixed costs are $100 (assuming from the context, as the actual table is not provided), and the quantity of output is 1, then AFC = $100 / 1 = $100.

The Table Below Shows the Total Cost of Producing Different