Question: (Figure 21.2) What is the average fixed cost when the output is 120 units? MC ATC $296 288 AVC 208 Costs (dollars per unit) 200

(Figure 21.2) What is the average fixed cost when the output

is 120 units? MC ATC $296 288 AVC 208 Costs (dollars per

(Figure 21.2) What is the average fixed cost when the output is 120 units? MC ATC $296 288 AVC 208 Costs (dollars per unit) 200 100 120 Rate of Output (units per time period)

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