Use the table below to answer the following question.

What is the average total cost at an output level of four units?

Name: Use the table below to answer the following question. What is the average total cost at an output level of four units?
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Question

Use the table below to answer the following question.

What is the average total cost at an output level of four units?

Quizplus · Accepted Answer

To find the average total cost at an output level of four units, we need to add up the total costs for four units (which is $6,000) and then divide by the output level (4). This gives us an average total cost of $1,500 per unit. Therefore, the answer is C.

Use the Table Below to Answer the Following Question