Exhibit 21-7

-Refer to Exhibit 21-7. The average fixed cost of producing 5 units of output is
A)$16.25.
B)$4.00.
C)$11.15.
D)$6.00.
E)There is not enough information to answer this question.

Question

Exhibit 21-7
​
 
-Refer to Exhibit 21-7. The average fixed cost of producing 5 units of output is
A)$16.25. 
B)$4.00. 
C)$11.15. 
D)$6.00. 
E)There is not enough information to answer this question.

Quizplus · Accepted Answer

The Answer of Exhibit 21-7
​
 
-Refer to Exhibit 21-7. The average fixed cost of producing 5 units of output is
A)$16.25. 
B)$4.00. 
C)$11.15. 
D)$6.00. 
E)There is not enough information to answer this question.

Exhibit 21-7 ​

Exhibit 21-7