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HAII Average Variable Cost Average Fixed Cost Production Data Ty Average Fixed Cost That is correct! Fixed Cost AFC= Total Output Happy Economics Mentor How about average fixed cost? Can I ask you about those? Randall Randall Sure thing! I remember from my economics class that average fixed cost is equal to: Great. What is your average fixed cost of washing 80 cars? (Round to one decimal place. Click the Production Data tab to access the car wash data.) Enter a response then click Submit below Submit Ty I Ty That is correct! Average Variable Cost Production Data Production Data Average Fixed Ca Workers Cars Washed 0 0 Happy Economics 1 10 Mentor 2 24 45 How about average fixed cost? Can I ask you about those? 4 68 85 Randall 6 96 7 91 8 80 Randall Sure thing! I remember from my economics class that average fixed cost is equal to: Great. What is your average fixed cost of washing 80 cars? (Round to one decimal place. Click the Production Data tab to access the car wash data.) Enter a response then click Submit below Submit Ty

HAII Average Variable Cost Average Fixed Cost Production Data Ty Average Fixed Cost That is correct! Fixed Cost AFC= Total Output Happy Economics Mentor How about average fixed cost? Can I ask you about those? Randall Randall Sure thing! I remember from my economics class that average fixed cost is equal to: Great. What is your average fixed cost of washing 80 cars? (Round to one decimal place. Click the Production Data tab to access the car wash data.) Enter a response then click Submit below Submit Ty I Ty That is correct! Average Variable Cost Production Data Production Data Average Fixed Ca Workers Cars Washed 0 0 Happy Economics 1 10 Mentor 2 24 45 How about average fixed cost? Can I ask you about those? 4 68 85 Randall 6 96 7 91 8 80 Randall Sure thing! I remember from my economics class that average fixed cost is equal to: Great. What is your average fixed cost of washing 80 cars? (Round to one decimal place. Click the Production Data tab to access the car wash data.) Enter a response then click Submit below Submit Ty

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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HAII Average Variable Cost Average Fixed Cost Production Data Ty Average Fixed Cost That is correct! Fixed Cost AFC= Total Output Happy Economics Mentor How about average fixed cost? Can I ask you about those? Randall Randall Sure thing! I remember from my economics class that average fixed cost is equal to: Great. What is your average fixed cost of washing 80 cars? (Round to one decimal place. Click the Production Data tab to access the car wash data.) Enter a response then click Submit below Submit Ty I
Transcribed Image Text:HAII Average Variable Cost Average Fixed Cost Production Data Ty Average Fixed Cost That is correct! Fixed Cost AFC= Total Output Happy Economics Mentor How about average fixed cost? Can I ask you about those? Randall Randall Sure thing! I remember from my economics class that average fixed cost is equal to: Great. What is your average fixed cost of washing 80 cars? (Round to one decimal place. Click the Production Data tab to access the car wash data.) Enter a response then click Submit below Submit Ty I
Ty That is correct! Average Variable Cost Production Data Production Data Average Fixed Ca Workers Cars Washed 0 0 Happy Economics 1 10 Mentor 2 24 45 How about average fixed cost? Can I ask you about those? 4 68 85 Randall 6 96 7 91 8 80 Randall Sure thing! I remember from my economics class that average fixed cost is equal to: Great. What is your average fixed cost of washing 80 cars? (Round to one decimal place. Click the Production Data tab to access the car wash data.) Enter a response then click Submit below Submit Ty
Transcribed Image Text:Ty That is correct! Average Variable Cost Production Data Production Data Average Fixed Ca Workers Cars Washed 0 0 Happy Economics 1 10 Mentor 2 24 45 How about average fixed cost? Can I ask you about those? 4 68 85 Randall 6 96 7 91 8 80 Randall Sure thing! I remember from my economics class that average fixed cost is equal to: Great. What is your average fixed cost of washing 80 cars? (Round to one decimal place. Click the Production Data tab to access the car wash data.) Enter a response then click Submit below Submit Ty
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