Complete Table 21 $$\text { Table } 21.5$$ The Average Variable Cost of the Second Unit of Output

question 4

Multiple Choice

Complete Table 21.5:
$$\begin{array}{l}\begin{array} { l ll l l l } Q&TFC&TVC&TC&AVC&MC\\0&\_\_\_\_\_&\_\_\_\_\_&15&--&--\\1&\_\_\_\_\_&\_\_\_\_\_&23&\_\_\_\_\_&\_\_\_\_\_\\2&\_\_\_\_\_&\_\_\_\_\_&\_\_\_\_\_&\_\_\_\_\_&4\\3&\_\_\_\_\_&15&\_\_\_\_\_&\_\_\_\_\_&\_\_\_\_\_\end{array}\end{array}$$
$$\text { Table } 21.5$$ The average variable cost of the second unit of output in Table 21.5 is

• A) $6.00.
• B) $4.00.
• C) $8.00.
• D) $15.00.

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