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begintabularcccc
hline multicolumnc Measures of Cost for ABC Inc. Widget Factory
hline begintabularc
Quantity
of Widgets
endtabular & begintabularc
Variable
Costs
endtabular & begintabularc
Total
Costs
endtabular & begintabularc
Fixed
Costs
endtabular
hline & $ & & $
hline & $ & $ &
hline & $ & $ &
hline & $ & &
hline & & &
hline & $ & &
hline & & &
hline
endtabular
Refer to Table What is the average fixed cost of producing five widgets?
a$
b$
C$
d$
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