Assume That One Laborer Produces 6 Units of Output,two Laborers

question 90

Multiple Choice

Assume that one laborer produces 6 units of output,two laborers produce 14 units,three produce 20 units,and four produce 24 units.If the cost is $20 per unit of labor and fixed costs are $100,what is the average total cost at 14 units of output?

• A)$50
• B)$20
• C)$10
• D)$100
• E)$40