Labor (workers)
Output(units)
Total fixed cost,TFC(dollars)
Total variable cost,TVC(dollars)
Total cost,TC(dollars)
0
20
1
4
25
45
2
9
50
70
3
13
75
95
16
100
120
5
18
125
145
Using the data in the above table, the average fixed cost of producing 16 units is
$1.25 a unit.
$1.54 a unit.
$2.22 a unit.
$1.11 a unit.
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