-Use the above figure. The AVC at output 10 is
A) $20.00.
B) $1.00.
C) $2.00.
D) $3.00.

Question

-Use the above figure. The AVC at output 10 is
A) $20.00. 
B) $1.00. 
C) $2.00. 
D) $3.00.

Quizplus · Accepted Answer

The Average Variable Cost (AVC) is calculated by dividing the total variable cost by the output. Without the figure, we can't calculate the exact AVC, but based on the options provided, if the correct answer is C) $2.00, it implies that for an output of 10 units, the total variable cost is $20 (since $2.00 * 10 units = $20). This is a hypothetical explanation based on the chosen answer.

-Use the Above Figure