In the Figure Above,the Wage Rate Is $600 and Total

question 20

Multiple Choice

In the figure above,the wage rate is $600 and total fixed cost is $15,000.When there are 40 workers,what is average variable cost?

• A)$0.23
• B)$5.00
• C)$4.10
• D)$6.00
• E)$12.00

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Definitions:

Quadrant

One of the four sections of the coordinate plane, each bounded by two axes.

Coordinate System

A system for specifying the precise location of points in space using numbers, often represented on a graph as horizontal and vertical axes.

Points

An exact location in space, often represented in mathematics by coordinates.

Distance

The length between two points, often calculated using various formulas depending on the context, such as the distance formula in a coordinate plane.