Given the table below,what is average total cost when 200 units of output are produced? $\begin{array}{c}
\begin{array}{c}
\
\
\text { Output } \
\hline 100 \
200 \
300 \
400
\end{array}
\begin{array}{c}
\
\text { Total}\
\text { Cost }\
\hline 560\
-\
-\
-
\end{array}
\begin{array}{c}
\text {Total}\
\text {Fixed}\
\text {Cost}\
\hline-\
-\
-\
-
\end{array}
\begin{array}{c}
\text { Total } \
\text { Variable } \
\text { Cost } \
\hline 60\
-\
-\
-
\end{array}
\begin{array}{lll}
\text {Average}\
\text {Fixed}\
\text {Cost}\
\hline -\
-\
-\
-
\end{array}
\begin{array}{c}
\text {Average}\
\text {Variable}\
\text {Cost}\
\hline-\
-\
4.00\
-
\end{array}
\begin{array}{c}
\text {Average}\
\text {Total}\
\text {Cost}\
\hline-\
-\
-\
7.00
\end{array}
\begin{array}{c}
\
\text {Marginal}\
\text {Cost}\
\hline-\
4.00\
-\
-
\end{array}
\end{array}$

A)$2.30
B)$2.50
C)$4.00
D)$4.80
E)none of the above

Question

Given the table below,what is average total cost when 200 units of output are produced? $\begin{array}{c}
\begin{array}{c}
\
\
\text { Output } \
\hline 100 \
200 \
300 \
400 
\end{array}
\begin{array}{c}
\
\text { Total}\
\text { Cost }\
\hline 560\
-\
-\
-
\end{array}
\begin{array}{c}
\text {Total}\
\text {Fixed}\
\text {Cost}\
\hline-\
-\
-\
-
\end{array}
\begin{array}{c}
\text { Total } \
\text { Variable } \
\text { Cost } \
\hline 60\
-\
-\
- 
\end{array}
\begin{array}{lll}
\text {Average}\
\text {Fixed}\
\text {Cost}\
\hline -\
-\
-\
-
\end{array}
\begin{array}{c}
\text {Average}\
\text {Variable}\
\text {Cost}\
\hline-\
-\
4.00\
-
\end{array}
\begin{array}{c}
\text {Average}\
\text {Total}\
\text {Cost}\
\hline-\
-\
-\
7.00
\end{array}
\begin{array}{c}
\
\text {Marginal}\
\text {Cost}\
\hline-\
4.00\
-\
-
\end{array}
\end{array}$

A)$2.30
B)$2.50
C)$4.00
D)$4.80
E)none of the above

Quizplus · Accepted Answer

Average total cost is calculated by dividing total cost by output. When 200 units of output are produced, the total cost is not given in the table. However, we can calculate the average total cost by dividing the total variable cost by output. The total variable cost is 60 + 4.00 * 200 = 860. Therefore, the average total cost is 860 / 200 = 4.30.

Given the Table Below,what Is Average Total Cost When 200