Figure 7-7
-In Figure 7-7 at 100 units, AVC equals
A)8.
B)800.
C)100.
D)1,000.

Question

Figure 7-7 
-In Figure 7-7 at 100 units, AVC equals
A)8. 
B)800. 
C)100. 
D)1,000.

Quizplus · Accepted Answer

At 100 units, AVC (Average Variable Cost) is calculated by dividing the total variable cost by the quantity of output. If the figure or data provided shows that at 100 units the AVC equals 8, it means for each unit produced, the variable cost is $8. Without the specific figure or data, this explanation is based on standard economic principles regarding the calculation of AVC.

Figure 7-7 -In Figure 7-7 at 100 Units, AVC Equals