-In the above table, when output is 8 units, average total costs are
A) $4.75.
B) $3.50.
C) $38.
D) $28.

Name: -In the above table, when output is 8 units, average total costs are A) $4.75. B) $3.50. C) $38. D) $28.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

-In the above table, when output is 8 units, average total costs are
A) $4.75. 
B) $3.50. 
C) $38. 
D) $28.

Quizplus · Accepted Answer

Average total cost is calculated by dividing total cost by the quantity of output. If the total cost for 8 units is $38, then the average total cost is $38/8 = $4.75.

-In the Above Table, When Output Is 8 Units, Average