-Use the above figure. The AVC at output 5 is
A) $35.00.
B) $2.00.
C) $3.00.
D) $5.00.

Name: -Use the above figure. The AVC at output 5 is A) $35.00. B) $2.00. C) $3.00. D) $5.00.
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Question

-Use the above figure. The AVC at output 5 is
A) $35.00. 
B) $2.00. 
C) $3.00. 
D) $5.00.

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 if the correct answer is C) $3.00, it implies that for an output of 5 units, the total variable cost divided by the output quantity equals $3.00 per unit.

-Use the Above Figure