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The Sunshine Corporation Finds That Its Costs Are $40 When

Question 232

Multiple Choice

The Sunshine Corporation finds that its costs are $40 when it produces no output. Its total variable costs (TVC) change with output as shown in the accompanying table. Use this information to answer the following question. The Sunshine Corporation finds that its costs are $40 when it produces no output. Its total variable costs (TVC) change with output as shown in the accompanying table. Use this information to answer the following question. The average fixed cost of 3 units of output is A) $13.33. B) $12.50. C) $40. D) $18.50. The average fixed cost of 3 units of output is


A) $13.33.
B) $12.50.
C) $40.
D) $18.50.

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