-The above table shows some cost data for Tracey's Tents. What is the average fixed cost when 4 tents are produced?
A) $50.00
B) $12.50
C) $25.00
D) $37.50

Name: -The above table shows some cost data for Tracey's Tents. What is the average fixed cost when 4 tents are produced? A) $50.00 B) $12.50 C) $25.00 D) $37.50
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Question

-The above table shows some cost data for Tracey's Tents. What is the average fixed cost when 4 tents are produced?
A) $50.00 
B) $12.50 
C) $25.00 
D) $37.50

Quizplus · Accepted Answer

Fixed cost is $50.00 and it does not change with the number of tents produced. So, the average fixed cost when 4 tents are produced is $50.00 / 4 = $12.50.

-The Above Table Shows Some Cost Data for Tracey's Tents