Multiple Choice
Table 6-D
The table below shows how total cost varies with output in a factory producing watches:
-Refer to Table 6-D.If the output equals five watches per week, the average fixed cost and average variable cost of production equal ____ and ____, respectively.
A) $9; $10
B) $10; $9
C) $45; $50
D) $50; $45
E) None of the above.
Correct Answer:
Verified
Related Questions