The Table Provides Output Levels as Paper Products R Us

question 128

Multiple Choice

The table provides output levels as Paper Products R Us hires more workers. Their capital is currently fixed at 4 units and eac costs $100. Each worker costs $50.
-Refer to the table above. What is the average total cost of producing 85 units of output?

• A)$2.52
• B)$650
• C)$7.65
• D)$4.70

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