-In the above table, what is the average variable cost to produce 2 units of output?
A) $25
B) $60
C) $55
D) $20

Name: -In the above table, what is the average variable cost to produce 2 units of output? A) $25 B) $60 C) $55 D) $20
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Question

-In the above table, what is the average variable cost to produce 2 units of output?
A) $25 
B) $60 
C) $55 
D) $20

Quizplus · Accepted Answer

Average variable cost = Total variable cost / Total outputTotal variable cost = $50Total output = 2 unitsAverage variable cost = $50 / 2 units = $25

-In the Above Table, What Is the Average Variable Cost