Variable Cost of Production

The following questions refer to the following table which shows a firm's variable costs of production.

-Refer to Variable Cost of Production.If the firm actually has $20 in fixed costs,the average cost of the second unit of output is
A) $20 per unit.
B) $25 per unit.
C) $30 per unit.
D) $35 per unit.

Question

Variable Cost of Production

The following questions refer to the following table which shows a firm's variable costs of production.

-Refer to Variable Cost of Production.If the firm actually has $20 in fixed costs,the average cost of the second unit of output is
A) $20 per unit. 
B) $25 per unit. 
C) $30 per unit. 
D) $35 per unit.

Quizplus · Accepted Answer

The Answer of Variable Cost of Production

The following questions refer to the following table which shows a firm's variable costs of production.

-Refer to Variable Cost of Production.If the firm actually has $20 in fixed costs,the average cost of the second unit of output is
A) $20 per unit. 
B) $25 per unit. 
C) $30 per unit. 
D) $35 per unit.