Labor Output Fixed Cost Variable Cost (Number of workers) (Units) (Dollars) (Dollars) 30 1 100 30 15 2 180 30 30 3 240 30 45 4 280 30 60 300 30 75 Refer to the table above. The average total cost of producing 180 units is O $0.17 O $0.33 O $0.32 O $0.15
Labor Output Fixed Cost Variable Cost (Number of workers) (Units) (Dollars) (Dollars) 30 1 100 30 15 2 180 30 30 3 240 30 45 4 280 30 60 300 30 75 Refer to the table above. The average total cost of producing 180 units is O $0.17 O $0.33 O $0.32 O $0.15
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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