Based on the following table,what is average variable cost when output is 200?
A)$2.00
B)$12.00
C)$10.50
D)$240
E)$210

Question

Based on the following table,what is average variable cost when output is 200? 
A)$2.00 
B)$12.00 
C)$10.50 
D)$240 
E)$210

Quizplus · Accepted Answer

To calculate the average variable cost when output is 200, we need to find the total variable cost at 200 units of output and divide it by 200. Looking at the table, the total variable cost at 200 units of output is $2,100. Dividing $2,100 by 200 gives us an average variable cost of $10.50. Therefore, the correct answer is C.

Based on the Following Table,what Is Average Variable Cost When