Refer to the table shown. The average total cost of producing 5 units of output is: $\begin{array}{|c|c|}
\hline \text { Units of output } & \text { Total cost } \
\hline0 & 5 \
\hline 1 & 11 \
\hline 2 & 16 \
\hline 3 & 20 \
\hline 4 & 23 \
\hline 5 & 25 \
\hline 6 & 26 \
\hline
\end{array}$
A)$5.
B)$10.
C)$15.
D)$25.

Question

Refer to the table shown. The average total cost of producing 5 units of output is: $\begin{array}{|c|c|}
\hline   \text { Units of output } & \text { Total cost } \
\hline0 & 5 \
\hline 1 & 11 \
\hline 2 & 16 \
\hline 3 & 20 \
\hline 4 & 23 \
\hline 5 & 25 \
\hline 6 & 26 \
\hline
\end{array}$
A)$5.
B)$10.
C)$15.
D)$25.

Quizplus · Accepted Answer

The average total cost is the total cost divided by the number of units of output. In this case, the total cost of producing 5 units of output is 25, so the average total cost is 25 / 5 = 5.

Refer to the Table Shown A)$5 B)$10

Refer to the Table Shown A)$5
B)$10