Units of Output Total Cost 0 $50 1 80 2 105 3 125 4 150 5 180 6 220 The average variable cost of producing three units of output is $25. Ois $20. cannot be determined from the information provided. is $41.66. is $37.50.
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The total variable cost is the difference between the total cost and the fixed cost. In this case, the fixed cost is $50. Total variable cost = Total cost - Fixed cost Total variable cost = $125 - $50 Total variable cost = $75 Show more…
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