-Using the above table, we see that when output is 4 units, average variable cost equals
A) $24.00.
B) $14.00.
C) $3.50.
D) $6.00.

Question

-Using the above table, we see that when output is 4 units, average variable cost equals
A) $24.00. 
B) $14.00. 
C) $3.50. 
D) $6.00.

Quizplus · Accepted Answer

Without the table, it's impossible to calculate or verify the specific numbers given in the options. However, average variable cost (AVC) is typically calculated by dividing total variable costs (TVC) by the quantity of output produced. The correct answer would depend on the specific figures provided in the table, which is not visible in this format.

-Using the Above Table, We See That When Output Is