Based on the Following Table,what Is Average Fixed Cost When $\begin{array}{llcc} \text { Output} & \text { Total Cost } \\0 &\$300\\50&800\\100&1050\\150 &1650\\200 &2400\\\end{array}$

question 15

Multiple Choice

Based on the following table,what is average fixed cost when 200 units of output are produced? $\begin{array}{llcc} \text { Output} & \text { Total Cost } \\0 &\$300\\50&800\\100&1050\\150 &1650\\200 &2400\\\end{array}$

• A)$2.80
• B)$80
• C)$150
• D)$1.50
• E)none of the above

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Definitions:

Current Liabilities

Short-term financial obligations due within one year, including accounts payable, short-term loans, and other debts.

Gross Profit

The difference between revenue and the cost of goods sold before deducting overhead, payroll, taxes, and interest payments.

Gross Margin

The difference between sales revenue and the cost of goods sold, divided by sales revenue, expressed as a percentage. It represents the proportion of sales revenue that exceeds direct costs.

Gross Profit

The financial metric determining the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.