Use the following to answer questions:
-(Table: Cost Data) Look at the table Cost Data. The average total cost of producing 6 purses is:
A) $190.
B) $70.
C) $50.
D) $35.

Question

Use the following to answer questions: 
-(Table: Cost Data) Look at the table Cost Data. The average total cost of producing 6 purses is:
A) $190. 
B) $70. 
C) $50. 
D) $35.

Quizplus · Accepted Answer

The average total cost is calculated by dividing the total cost by the quantity produced. If the total cost for producing 6 purses is $300, then the average total cost is $300/6 = $50.

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