Solved

According to the Table Below,what Is the Average Variable Cost

Question 26

Multiple Choice

According to the table below,what is the average variable cost of producing 50 units of output?
QFCVC01,0000201,000350501,000700901,0001,0501251,0001,4001451,0001,7501601,0002,100\begin{array} { | l | l | l |} \hline \mathbf { Q } & \mathbf { F C } & \mathbf { V C } \\\hline 0 & 1,000 & 0 \\\hline 20 & 1,000 & 350 \\\hline 50 & 1,000 & 700 \\\hline 90 & 1,000 & 1,050 \\\hline 125 & 1,000 & 1,400 \\\hline 145 & 1,000 & 1,750 \\\hline 160 & 1,000 & 2,100 \\\hline\end{array}


A) 21
B) 34
C) 14
D) 20

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions