Refer to Figure 8.4. Micro Oven's average fixed costs of producing nine units of output are

A) $25.
B) $33.33.
C) $55.55.
D) indeterminate from this information.

Question

Refer to Figure 8.4. Micro Oven's average fixed costs of producing nine units of output areA)  $25.B)  $33.33.C)  $55.55.D)  indeterminate from this information.

Nizzet Zavala · Accepted Answer

Final Answer : B, Explanation :  Average fixed costs are total fixed costs divided by the number of units produced. In this case, total fixed costs are $300 and nine units are produced, so average fixed costs are $300 / 9 = $33.33.

Refer to Figure 8.4. Micro Oven's average fixed costs of producing nine units of output are

A) $25.
B) $33.33.
C) $55.55.
D) indeterminate from this information.

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