Answered: Number of TVs Per Day Total Cost Per…

Number of TVs Per Day Total Cost Per Day 0 $100 1 $180 2 $220 3 $300 4 $400 5 $520 6 $660 The average total cost of the 4th TV per day is ________. $400 $25 $75 $100

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Number of TVs Per Day	Total Cost Per Day
0	$100
1	$180
2	$220
3	$300
4	$400
5	$520
6	$660

The average total cost of the 4th TV per day is ________.

		$400
		$25
		$75
		$100

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