Table 13-9

-Refer to Table 13-9.The average variable cost of producing 4 posters is
A) $2.00.
B) $2.50.
C) $3.33.
D) $5.00.

Question

Table 13-9
 
-Refer to Table 13-9.The average variable cost of producing 4 posters is
A) $2.00. 
B) $2.50. 
C) $3.33. 
D) $5.00.

Quizplus · Accepted Answer

To find the average variable cost for producing 4 posters, we need to look at the total variable cost for producing 4 posters, which is $10, and divide it by the quantity of 4 posters produced. Therefore, the average variable cost for producing 4 posters is $2.50 (10/4 = 2.5).

Table 13-9 -Refer to Table 13-9.The Average Variable Cost of Producing 4