Cindy's Car Wash Has Average Variable Costs of $2 and Average

question 123

Multiple Choice

Cindy's Car Wash has average variable costs of $2 and average total costs of $3 when it produces 100 units of output (car washes) . The firm's total variable cost is

• A)$100.
• B)$200.
• C)$300.
• D)$500.