Use the following to answer question:
-(Table: Cost Data)Use Table: Cost Data.The average total cost of producing 2 purses is:
A)$60.
B)$120.
C)$190.
D)$220.

Question

Use the following to answer question: 
-(Table: Cost Data)Use Table: Cost Data.The average total cost of producing 2 purses is:
A)$60. 
B)$120. 
C)$190. 
D)$220.

Quizplus · Accepted Answer

The average total cost (ATC) is calculated by dividing the total cost by the quantity produced. If the total cost of producing 2 purses is $120 (as we must infer or calculate based on provided data or previous understanding), then the ATC = $120 / 2 = $60.

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