Question: Labor Output Variable Fixed Total Cost Cost Cost O O 12 1 10 5 2 18 22 3 24 15 4 28 20 32 Consider

 Labor Output Variable Fixed Total Cost Cost Cost O O 12

1 10 5 2 18 22 3 24 15 4 28 20

Labor Output Variable Fixed Total Cost Cost Cost O O 12 1 10 5 2 18 22 3 24 15 4 28 20 32 Consider the table above. What is the average total cost at 3 units of labor? O $1 O $1.13 O $9 O $27

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