Exhibit
The table below shows how total cost varies with output in a factory producing watches:

-Refer to Exhibit. If the output equals four watches per week, then the average total cost of producing a watch equals:

Question

Exhibit
The table below shows how total cost varies with output in a factory producing watches:
​
 
-Refer to Exhibit. If the output equals four watches per week, then the average total cost of producing a watch equals:

Quizplus · Accepted Answer

The average total cost is calculated by dividing the total cost by the quantity of output. If the total cost for producing four watches is $144, then the average total cost per watch is $144/4 = $36.

Exhibit The Table Below Shows How Total Cost Varies with Output