(Table: Costs of Producing Bagels) Look at the table Cost of Producing Bagels.The average total cost of producing two bagels is:
A)$0.05.
B)$0.10.
C)$0.20.
D)$0.40.

Question

(Table: Costs of Producing Bagels) Look at the table Cost of Producing Bagels.The average total cost of producing two bagels is:
A)$0.05. 
B)$0.10. 
C)$0.20. 
D)$0.40.

Quizplus · Accepted Answer

To find the average total cost of producing two bagels, we add the fixed cost, variable cost, and semi-variable cost for producing two bagels: $0.10 + $0.10 + $0.20 = $0.40. Then we divide by the number of bagels produced: $0.40/2 = $0.20. Therefore, the average total cost of producing two bagels is $0.20, which corresponds to answer choice C.

(Table: Costs of Producing Bagels) Look at the Table Cost