Answer the question on the basis of the following cost data. Output Total Cost $ 24 33 1 2 41 3 48 4 54 61 6 69 The average total cost of producing 6 units of output is

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Chapter9: Applications Of Cost Theory
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Answer the question on the basis of the following cost data.
Output
Total Cost
$ 24
1
33
2
41
3
48
54
61
69
The average total cost of producing 6 units of output is
Multiple Cholce
$7.5.
O $4.
O s8.
O $1.5.
Transcribed Image Text:Answer the question on the basis of the following cost data. Output Total Cost $ 24 1 33 2 41 3 48 54 61 69 The average total cost of producing 6 units of output is Multiple Cholce $7.5. O $4. O s8. O $1.5.
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