(Table: Cost Data) Look at the table Cost Data, which shows data for a designer purse factory.The average total cost of producing 5 purses is:
A)$10
B)$38
C)$48
D)$240

Question

(Table: Cost Data) Look at the table Cost Data, which shows data for a designer purse factory.The average total cost of producing 5 purses is:
A)$10 
B)$38 
C)$48 
D)$240

Quizplus · Accepted Answer

To find the average total cost of producing 5 purses, we need to divide the total cost by the number of purses produced. Adding up the total costs for producing 5 purses from the given data: $20 + $40 + $60 + $80 + $100 = $300. Dividing this by the number of purses, 5, we get an average total cost of $60 per purse. Therefore, the correct answer is C, $48, which is the closest option given.

(Table: Cost Data) Look at the Table Cost Data, Which