Question: annot be determined. Table 3 Fill in the blank in the table below and then answering the question below. AFC TVC ATC TC XXX 1
annot be determined. Table 3 "Fill in the blank in the table below and then answering the question below. AFC TVC ATC TC XXX 1 XXX xxx 2 20 3 11 39 4 42 14 Quantity 0 MIC . 19. Refer to the information above (Table 3) to answer this question. What is the value of total fixed cost? A. $2. B. $6. C. $10. D. $20. E. $70. 20. Refer to the information above (Table 3) to answer this question. What is average total cost when output is 27 A. $8. B. $11. C. $12. D. $14. E. $28 21. Refer to the information above (Table 3) to answer this question. What is total variable cost when output is 3? A. Zero. B. $3. C. $18 D. $29. E. $39
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