putput is Cost schedule Total vari- Labor Output (units per day) Total cost (dollars) able cost (work- ers) (dollars) 0. 30 1 20 50 40 70 12 60 80 90 4 14 110 15 100 130 OA. $0.175 OB. $5.71. OC. $7.86. OD. $10.00.
putput is Cost schedule Total vari- Labor Output (units per day) Total cost (dollars) able cost (work- ers) (dollars) 0. 30 1 20 50 40 70 12 60 80 90 4 14 110 15 100 130 OA. $0.175 OB. $5.71. OC. $7.86. OD. $10.00.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![In the table, the average variable cost of producing 14 units of
output is
Cost schedule
Total vari-
Labor
Output
(units per
day)
able cost Total cost
(work-
ers)
(dollars)
(dollars)
30
50
3.
20
40
70
12
60
90
14
80
110
15
100
130
OA. $0.175
OB. $5.71.
C. $7.86.
OD. $10.00.
2345](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fae5457a3-ede1-4374-a114-d02aa39e6df5%2F22f9e3bb-ddaf-4d43-a0bb-fa7a9bdff9e0%2Fy8btoc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In the table, the average variable cost of producing 14 units of
output is
Cost schedule
Total vari-
Labor
Output
(units per
day)
able cost Total cost
(work-
ers)
(dollars)
(dollars)
30
50
3.
20
40
70
12
60
90
14
80
110
15
100
130
OA. $0.175
OB. $5.71.
C. $7.86.
OD. $10.00.
2345
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