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Table 13-1
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\begin{tabular}{|c|c|c|c|}
\hline \multicolumn{4}{|c|}{ Measures of Cost for ABC Inc. Widget Factory }\\
\hline \begin{tabular}{c}
Quantity \\
of Widgets
\end{tabular} & \begin{tabular}{c}
Variable \\
Costs
\end{tabular} & \begin{tabular}{c}
Total \\
Costs
\end{tabular} & \begin{tabular}{c}
Fixed \\
Costs
\end{tabular}\\
\hline 0 & \(\$ 1\) & & \(\$ 15\)\\
\hline 1 & \(\$ 3\) & \(\$ 18\) & \\
\hline 2 & \(\$ 6\) & \(\$ 21\) & \\
\hline 3 & \(\$ 10\) & & \\
\hline 4 & & & \\
\hline 5 & \(\$ 21\) & & \\
\hline 6 & & & \\
\hline
\end{tabular}
Refer to Table 13-1. What is the average fixed cost of producing five widgets?
a.\(\$ 4\)
b.\(\$ 1\)
C.\(\$ 2\)
d.\(\$ 3\)
22/11/202420:27:43
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Question 1 6 Table 1 3 - 1 Time left 2 : 5 6 : 1

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