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Use the Table Below to Answer the Following Questions

Question 20

Multiple Choice

Use the table below to answer the following questions.
Table 11.2.3 Use the table below to answer the following questions. Table 11.2.3 -Refer to Table 11.2.3,which gives the total cost schedule for Brenda's Balloon Shop,a perfectly competitive firm.The average fixed cost of producing the 4th balloon is A) $4.30. B) $4.80. C) $4.70. D) $4.50. E) $1.00.
-Refer to Table 11.2.3,which gives the total cost schedule for Brenda's Balloon Shop,a perfectly competitive firm.The average fixed cost of producing the 4th balloon is


A) $4.30.
B) $4.80.
C) $4.70.
D) $4.50.
E) $1.00.

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