Table 13-1

-Refer to Table 13-1.The average variable cost of producing 240 units is
A) $0.13.
B) $0.19.
C) $0.32.
D) $0.80.

Name: Table 13-1 -Refer to Table 13-1.The average variable cost of producing 240 units is A) $0.13. B) $0.19. C) $0.32. D) $0.80.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Table 13-1
 
-Refer to Table 13-1.The average variable cost of producing 240 units is
A) $0.13. 
B) $0.19. 
C) $0.32. 
D) $0.80.

Quizplus · Accepted Answer

The average variable cost (AVC) is calculated by dividing the total variable cost (TVC) by the quantity of output produced. Without the table, we assume the correct choice based on typical AVC values.

Table 13-1 -Refer to Table 13-1.The Average Variable Cost of Producing 240