Use the Table Below to Answer the Following Question What Is the Average Total Cost at an Output Level

question 102

Multiple Choice

Use the table below to answer the following question. $$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Units of } \\\text { Output }\end{array} & \begin{array} { c } \text { Total Fixed } \\\text { Cost (dollars) }\end{array} & \begin{array} { c } \text { Total Variable } \\\text { Cost (dollars) }\end{array} \\\hline 1 & 1,000 & 1,200 \\2 & 1,000 & 2,400 \\3 & 1,000 & 3,600 \\4 & 1,000 & 5,000 \\5 & 1,000 & 6,600 \\\hline\end{array}$$ What is the average total cost at an output level of four units?

• A) $1,200.
• B) $1,400.
• C) $1,500.
• D) $2,000.

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Definitions:

Phenol

An aromatic organic compound with the molecular formula C6H5OH, featuring a phenyl group bonded to a hydroxyl group.

Trifluoromethanesulfonic Acid

A strong acid often used in organic chemistry syntheses, recognized for its powerful protonating ability.

Methanesulfonic Acid

A strong organic acid featuring a sulfonic acid group attached directly to a methane molecule, known for its good water solubility and use in organic reactions.

Acidic

Having properties of an acid, or a pH less than 7, capable of donating a proton (H+) to another compound.