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The Following Data Show the Total Output for a Firm

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The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.
The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.    TABLE 7-3 -Refer to Table 7-3.At what level of output does average variable cost reach a minimum? A) 30 B) 90 C) 132 D) 150 E) AVC declines continuously over the range of output shown. TABLE 7-3
-Refer to Table 7-3.At what level of output does average variable cost reach a minimum?


A) 30
B) 90
C) 132
D) 150
E) AVC declines continuously over the range of output shown.

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