Exhibit 7-6

-In Exhibit 7-6, the average total cost of producing 20 units is
A) $2
B) $20
C) $30
D) $100
E) $1,100

Name: Exhibit 7-6 -In Exhibit 7-6, the average total cost of producing 20 units is A) $2 B) $20 C) $30 D) $100 E) $1,100
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Exhibit 7-6
 
-In Exhibit 7-6, the average total cost of producing 20 units is
A) $2 
B) $20 
C) $30 
D) $100 
E) $1,100

Quizplus · Accepted Answer

Since we are given the total cost of producing 20 units, we can simply divide this cost by 20 to find the average total cost per unit. Dividing any answer choice by 20 shows that only option C is correct.

Exhibit 7-6 -In Exhibit 7-6, the Average Total Cost of Producing 20