Average Fixed Cost at 20 Units of Output in Table

question 59

Multiple Choice

$$\begin{array}{l}\begin{array} { | l | r | r | r | r | } \hline \text { Output (units per day) } & 0 & 10 & 20 & 30 \\\hline \text { Total cost (dollars per day) } & \$ 40 & \$ 54 & \$ 62 & \$ 80 \\\hline\end{array}\\\text { Table } 21.2\end{array}$$ Average fixed cost at 20 units of output in Table 21.2 is

• A) $1.00.
• B) $2.00.
• C) $2.50.
• D) $4.00.

---

Definitions:

Reading Analytically

The process of examining or analyzing texts critically to understand their meaning, structure, and implications.

Literature Review

An in-depth examination and analysis of scholarly materials on a specific topic, often forming the foundation for further research or study.

Developmental Stage

Specific life phases characterized by distinct physical, cognitive, and emotional growth and changes.

Erickson

Likely refers to Erik Erikson, a developmental psychologist and psychoanalyst known for his theory on the psychological development of human beings across eight stages from infancy to adulthood.