Figure 5.2:
-In Figure 5.2,what is the total variable cost when output is 12 units?
A) $500.00
B) $624.00
C) $720.00
D) $864.00

Question

Figure 5.2: 
-In Figure 5.2,what is the total variable cost when output is 12 units?
A) $500.00 
B) $624.00 
C) $720.00 
D) $864.00

Quizplus · Accepted Answer

Total Variable Cost (TVC) is the cost that varies with the level of output. Without seeing Figure 5.2, we cannot directly determine the TVC at 12 units of output. However, based on the correct answer provided, when output is 12 units, the TVC is $624.00. This would typically be calculated based on information given in a table, graph, or equation representing the relationship between output levels and total variable costs in the scenario described by Figure 5.2.

Figure 5.2: -In Figure 5.2,what Is the Total Variable Cost When Output