Table 4-3 #Units Produced 0 1 Total Revenue 0 600 Total Costs 200 660

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Question 22
Table 4-3
#Units Produced
0
1
2
3
4
5
Use Table 4-3
O 200.
110.
O 70.
Total Revenue
260.
0
600
780
What is the average cost per unit for producing 3 units?
840
890
910
Total Costs
200
660
720
780
870
980
Transcribed Image Text:Question 22 Table 4-3 #Units Produced 0 1 2 3 4 5 Use Table 4-3 O 200. 110. O 70. Total Revenue 260. 0 600 780 What is the average cost per unit for producing 3 units? 840 890 910 Total Costs 200 660 720 780 870 980
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