Question 37 In this table, the average cost of producing 100 units of output is: R Output Total Cost Variable Cost 0 $5,000 $0 100 $5,700 $700 200 $6,300 $1,300 300 $7,100 $2,100 400 $8,000 $3,000 Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $57.00 Search b $31.50 C $20 d $23.67 Question 38 4- 4+ * hp 144 C f10 114 144 f12 + + 11 7/ ins prt sc delete home num

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Question 37
In this table, the average cost of producing 100 units of output is:
R
Output
Total Cost Variable Cost
0
$5,000
$0
100
$5,700
$700
200
$6,300
$1,300
300
$7,100
$2,100
400
$8,000
$3,000
Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer.
a
$57.00
Search
b
$31.50
C
$20
d
$23.67
Question 38
4-
4+
*
hp
144
C
f10
114
144
f12
+
+
11
7/
ins
prt sc
delete
home
num
Transcribed Image Text:Question 37 In this table, the average cost of producing 100 units of output is: R Output Total Cost Variable Cost 0 $5,000 $0 100 $5,700 $700 200 $6,300 $1,300 300 $7,100 $2,100 400 $8,000 $3,000 Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $57.00 Search b $31.50 C $20 d $23.67 Question 38 4- 4+ * hp 144 C f10 114 144 f12 + + 11 7/ ins prt sc delete home num
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