Question

When fixed cost is $500, what is the average fixed cost of washing 80 cars? Production Data Workers Cars Washed 0 0 1 10 2 24 3 45 4 68 5 85 6 96 7 91 8 80

Name: when fixed cost is 500 what is the average fixed cost of washing 80 cars production data workers cars washed 0 0 1 10 2 24 3 45 4 68 5 85 6 96 7 91 8 80 59887
Uploaded: 2020-11-02T02:06:41-08:00
Duration: 1 min 41 s
Channel: Amy Lynn
Description: when fixed cost is 500 what is the average fixed cost of washing 80 cars production data workers cars washed 0 0 1 10 2 24 3 45 4 68 5 85 6 96 7 91 8 80 59887

          When fixed cost is $500, what is the average fixed cost of washing 80 cars?
Production Data
Workers               Cars Washed
0             0
1 10
2 24
3 45
4 68
5 85
6 96
7 91
8 80

Added by Joseph K.

Principles of Economics

Gregory Mankiw 8th Edition

Instant Answer

Solved by Expert Amy Lynn

11/02/2020

Step 1

Step 1: Identify the relevant quantity — from the table, 80 cars are washed (this corresponds to 8 workers), so quantity Q = 80. Show more…

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When fixed cost is $500, what is the average fixed cost of washing 80 cars? Production Data Workers Cars Washed 0 0 1 10 2 24 3 45 4 68 5 85 6 96 7 91 8 80