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

Question 65

Multiple Choice

In the figure above,the wage rate is $600 and total fixed cost is $15,000.What is average variable cost at its minimum? A) $3.75 B) $30 C) $0.94 D) $28 E) $2.80 In the figure above,the wage rate is $600 and total fixed cost is $15,000.What is average variable cost at its minimum?


A) $3.75
B) $30
C) $0.94
D) $28
E) $2.80

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