**Table 13-11**Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month.| Output (Instructional Modules per Month) | Fixed Costs | Variable Costs | Total Cost | Average Fixed Cost | Average Variable Cost | Average Total Cost | Marginal Cost ||------------------------------------------|-------------|----------------|------------|--------------------|----------------------|-------------------|---------------|| 0 | $1,080 | | | | | | || 1 | $1,080 | $400 | $1,480 | $1,080 | $400 | $1,480 | $400 || 2 | $1,080 | $900 | | | | $965 | $450 || 3 | | $1,350 | $2,430 | | | | || 4 | | $1,900 | | $475 | | | || 5 | $2,500 | | | $216 | | | || 6 | | $4,280 | | | | | $700 || 7 | | $4,100 | | | | | || 8 | | $5,400 | | $135 | | | || 9 | | | $7,300 | | | | || 10 | | | $10,880 | $980 | | | |**Refer to Table 13-11.** One month, Teacher's Helper produced 18 instructional modules. What was the average fixed cost for that month?- $811- $108- $60- It can't be determined from the information given.

Total fixed cost is independent of output produced.

produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month. Output (Instructional Average Average Average Modules Fixed Variable Variable Total Marginal Total Fixed per Month) Costs Costs Cost Cost Cost Cost Cost $1,080 $1,080 $ 400 $1,480 1 $400 2 $965 $450 $1,350 $2,430 4 $1,900 $475 $2,500 $216 6 $4,280 $700 7 $4,100 $5,400 $135 9. $7,300 5.

produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month. Output (Instructional Average Average Average Modules Fixed Variable Variable Total Marginal Total Fixed per Month) Costs Costs Cost Cost Cost Cost Cost $1,080 $1,080 $ 400 $1,480 1 $400 2 $965 $450 $1,350 $2,430 4 $1,900 $475 $2,500 $216 6 $4,280 $700 7 $4,100 $5,400 $135 9. $7,300 5.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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