-Refer to the above table. At an output of 4 units, average variable costs are
A) $16.
B) $22.
C) $38.50.
D) $44.

Question

-Refer to the above table. At an output of 4 units, average variable costs are
A) $16. 
B) $22. 
C) $38.50. 
D) $44.

Quizplus · Accepted Answer

Average variable cost (AVC) is calculated by dividing the total variable cost (TVC) by the quantity of output produced. At an output of 4 units, if the total variable cost is given or can be calculated, then AVC = TVC / Quantity. Without the table, the correct AVC cannot be determined from the provided options without additional information. However, based on the options provided and assuming a typical question format, the correct answer is chosen as A) $16, indicating a hypothetical scenario where the total variable costs divided by the output quantity (4 units) equals $16. This is a placeholder answer due to the lack of specific data from the question.

-Refer to the Above Table