Use the following to answer questions below :
-Refer to the total cost graph. What is average variable cost equal to when Q = 2?
A) 15
B) 20
C) 30
D) 40

Question

Use the following to answer questions below : 
-Refer to the total cost graph. What is average variable cost equal to when Q = 2?
A) 15 
B) 20 
C) 30 
D) 40

Quizplus · Accepted Answer

Average Variable Cost (AVC) is calculated by dividing the total variable costs by the quantity of output (Q). Without the graph, we can't directly calculate or see the values, but based on the question, if we assume that the correct answer is provided as an option, then the correct choice is A) 15. This is a hypothetical solution since the actual calculation or graph details are not provided.

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