Question: Question: Total Cost (Dollars) Total Variable Cost (Dollars) O Output (Pies) 300 O 400 1,000... Total cost (dollars) Output (pies) 300 Total variable cost (dollars)

Question: Total Cost (Dollars) Total Variable Cost (Dollars) O Output (Pies) 300 O 400 1,000... Total cost (dollars) Output (pies) 300 Total variable cost (dollars) o 400 1,000 1,800 2,800 0 100 200 300 400 The above table gives some of the costs of the Delicious Pie Company. What is the average variable cost of ?producing 300 pies . 55 b. More information is needed to calculate the average variable cost c. $1,800 d. 56

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