Asked by
Alexis Wilson
on Dec 01, 2024Verified
if Mr.Dent Carr's total costs were 2s2 + 50s + 75, then if he repairs 25 cars, his average variable costs will be
A) $150.
B) $200.
C) $103.
D) $100.
E) $75.
Total Costs
Total costs refer to the sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.
Average Variable Costs
The total variable costs divided by the quantity of output produced, measuring the per unit variable cost of production.
Repairs
The process of fixing or restoring something that is broken or damaged to bring it back to a functional or working condition.
- Evaluate the mean variable expenditures given the total costs and production volume provided.
Verified Answer
ES
Learning Objectives
- Evaluate the mean variable expenditures given the total costs and production volume provided.