Question: Using the table what is the average cost of producing 4500? Total cost Labor (workers) Output (frijoles) (dollars) 0 0 1,000 5 1000 3,000 10
Using the table what is the average cost of producing 4500?
Total cost Labor (workers) Output (frijoles) (dollars) 0 0 1,000 5 1000 3,000 10 3000 5,000 15 4000 7,000 20 4500 9,000 The above table gives some production and cost information for Flaming Fernando's, a restaurant that sells Fiery Frijoles. What is the average variable cost of producing 1,000 frijoles? O $2 O $3 O $1 More information is needed to determine the
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