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Posts: 209
4 weeks ago
Number of FigsVCMCAVCFCTCATC
0100
19090
2135
380
4400
Table 8.4


Table 8.4 presents the cost schedule for David's Figs. If David produces two figs, David's average variable costs are:

▸ $80.

▸ $85.

▸ $90.

▸ $170.
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
Read 195 times
6 Replies
Replies
wrote...
4 weeks ago
$85.
wrote...
4 weeks ago
Thanks
Answer accepted by topic starter
wrote...
4 weeks ago
Number of FigsVCMCAVCFCTCATC
0100
19090
2135
380
4400
Table 8.4


Table 8.4 presents the cost schedule for David's Figs. If David produces three figs, David's total variable costs are:

▸ $0.

▸ $41.67.

▸ $80.

▸ $240.
Answer verified by a subject expert
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Posts: 227
4 weeks ago
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$240.
1
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Answer accepted by topic starter
wrote...
4 weeks ago
Number of FigsVCMCAVCFCTCATC
0100
19090
2135
380
4400
Table 8.4


Table 8.4 presents the cost schedule for David's Figs. If David produces two figs, David's marginal costs are:

▸ $80.

▸ $90.

▸ $100.

▸ $170.
Answer verified by a subject expert
wrote...
Posts: 252
4 weeks ago
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$80.
1
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