The Table Below Shows How Total Cost Varies with Output

question 75

Multiple Choice

The table below shows how total cost varies with output in a factory producing watches. Based on the table, if the total fixed cost is $20, the average variable cost of producing 5 units of output is _____.Table 6-5

• A)$15
• B)$22.5
• C)$16.3
• D)$13
• E)$16.6

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Definitions:

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Circumplex Model

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Differential Emotions Theory

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