Exhibit 6-10 Short-run cost schedule for book publisher's hourly production In Exhibit 6-10, the average variable cost of producing 2 cases of books is:

Question

Exhibit 6-10  Short-run cost schedule for book publisher's hourly production  In Exhibit 6-10, the average variable cost of producing 2 cases of books is:

Quizplus · Accepted Answer

The average variable cost for producing 2 cases of books is the sum of the variable costs for producing 2 cases, divided by 2. Based on Exhibit 6-10, the variable cost for producing 2 cases is $150, therefore the average variable cost is $75 per case.

Exhibit 6-10 Short-Run Cost Schedule for Book Publisher's Hourly Production