-Refer to the above table. At an output of 2 units, average total costs are
A) $61.
B) $122.
C) $16.
D) $45.

Question

-Refer to the above table. At an output of 2 units, average total costs are
A) $61. 
B) $122. 
C) $16. 
D) $45.

Quizplus · Accepted Answer

At an output of 2 units, average total costs (ATC) are calculated by dividing total costs by the quantity of output. Without the specific table data, we can't calculate the exact number, but based on the given options, if the correct answer is provided as $61, it implies that the total costs for producing 2 units are $122, making the ATC $61 ($122 / 2 units).

-Refer to the Above Table