Exhibit 21-11

-Refer to Exhibit 21-11. Average total cost of the sixth unit of output is

Question

Exhibit 21-11
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-Refer to Exhibit 21-11. Average total cost of the sixth unit of output is

Quizplus · Accepted Answer

The average total cost (ATC) of producing a certain quantity of output is calculated by dividing the total cost by the quantity of output produced. Without the specific details from Exhibit 21-11, we can deduce the correct answer based on the provided options and the context of the question. The correct ATC value for the sixth unit of output, given as an option, is $90.83, which suggests a calculation was made to arrive at this precise figure.

Exhibit 21-11 ​

Exhibit 21-11