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Given the Total Cost Schedule Below, at What Level of Output

Question 31

Multiple Choice

Given the total cost schedule below, at what level of output is the average cost the lowest?
 Output 0123456 Total Cost 5070607080110140\begin{array} { | l | l | l | l | l | l | l | l | } \hline \text { Output } & 0 & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Total Cost } & 50 & 70 & 60 & 70 & 80 & 110 & 140 \\\hline\end{array}


A) 2
B) 3
C) 4
D) 5

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