What is the average fixed cost and average variable cost if nine instructional modules are produced? O a. $120 and $730 O b. $120 and $931.11 O c. $120 and $811.11 O d. $120 and $109.89
What is the average fixed cost and average variable cost if nine instructional modules are produced? O a. $120 and $730 O b. $120 and $931.11 O c. $120 and $811.11 O d. $120 and $109.89
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled
children in public schools. 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. Use the information in the table
below to answer the questions that follow:
Ouptut (Instructional Fixed Variable Total
Modules per month)
Costs Costs Costs
0
1
2
3
45678
$1080
$1080 $400
$1350
$1900
$2500
$4100
$5400
$1480
$2430
$4280
Average
Fixed Costs
$216
$135
Average
Variable
costs
$475
Time left 0:20:19
Average
total costs
Marginal
Costs
$400
$450
$700

Transcribed Image Text:7
8
9
10
$4100
$5400
$7300
O a. $120 and $730
O b. $120 and $931.11
O c. $120 and $811.11
O d. $120 and $109.89
$10880
$135
$980
What is the average fixed cost and average variable cost if nine instructional modules are produced?
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