Use the following to answer questions:
-(Table: Costs of Producing Bagels) Look at the table Cost of Producing Bagels. The average total cost of producing 2 bagels is:
A) $0.05.
B) $0.10.
C) $0.20.
D) $0.40.

Question

Use the following to answer questions: 
-(Table: Costs of Producing Bagels) Look at the table Cost of Producing Bagels. The average total cost of producing 2 bagels is:
A) $0.05. 
B) $0.10. 
C) $0.20. 
D) $0.40.

Quizplus · Accepted Answer

The average total cost is calculated by dividing the total cost by the quantity produced. If the total cost for producing 2 bagels is $0.40, then the average total cost is $0.40 / 2 = $0.20.

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