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(Solved) Labor Output Variable Cost Fixed Cost Total Cost 0 0 12 1 10 5 2 18 22 3 24 15 4 28 20 32 Consider the table above. What is the average fixed cost at...


 Labor Output
 Variable
 Cost
 Fixed
 Cost
 Total
 Cost
 0  0      12
 1  10  5    
 2  18      22
 3  24  15    
 4  28  20    32


Consider the table above. What is the average fixed cost at 24 units of output?

$.50
$9
$12
$27

 


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