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In the Figure Above,the Wage Rate Is $600 and Total

Question 62

Multiple Choice

  In the figure above,the wage rate is $600 and total fixed cost is $15,000.When there are 40 workers,what is average variable cost? A) $0.23 B) $5.00 C) $4.10 D) $6.00 E) $12.00 In the figure above,the wage rate is $600 and total fixed cost is $15,000.When there are 40 workers,what is average variable cost?


A) $0.23
B) $5.00
C) $4.10
D) $6.00
E) $12.00

Correct Answer:

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