Refer to Table 21 The Average Variable Cost of the Second Unit of Output

question 138

Multiple Choice

Refer to Table 21.5: Table 21.5
$\begin{array} { | c | c | c | c | c | c | } \hline \mathrm { Q } & \mathrm { TFC } & \mathrm { TVC } & \mathrm { TC } & \text { AVC } & \text { MC } \\\hline 0 & & & 15 & - & - \\\hline 1 & & & 23 & & \\\hline 2 & & & & & 4 \\\hline 3 & & 15 & & & \\\hline\end{array}$ The average variable cost of the second unit of output in Table 21.5 is

• A)$6.00.
• B)$4.00.
• C)$8.00.
• D)$15.00.

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Definitions:

Deep Well

A type of well that is constructed at a considerable depth to access groundwater in aquifers.

Air Gun

A tool that uses compressed air to project a forceful stream or projectile, often used for cleaning or in pneumatic tools.

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A type of adjustable pliers with a sliding pivot point, allowing the jaws to open wider for gripping larger objects.

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