ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Answer the question on the basis of the following cost data.
Output | Total Cost |
---|---|
0 | $ 24 |
1 | 33 |
2 | 41 |
3 | 48 |
4 | 54 |
5 | 61 |
6 | 69 |
The average variable cost of producing 6 units of output is
Multiple Choice
-
$7.50.
-
$45.
-
$11.50.
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$4.00.
Note:-
- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
- Answer completely.
- You will get up vote for sure.
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