\(\begin{array}{c|c} \text{Out put produced per day (Units)} & \text{Fixed cost per day (N)} & \text{Total cost per day (N)} \\ \hline 20 & 60 & 100 \\ \hline 30 & 60 & 120 \\ \hline 40 & 60 & 130 \\ \hline 50 & 60 & 135 \\ \hline 60 & 60 & 150 \\ \hline 70 & 60 & 170 \\ \hline 80 & 60 & 190\end{array}\)

Using the table above. The ATC at 30 units of output is

a

₦3.00

b

₦4.00

c

₦60.00

d

₦120.00

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Discussions (6)

marvie_kings
4 years ago

The answer is B.
The formula to find the ATC is Total Cost(TC) over Quantity [of Outputs Produced (Q)].
In this case, Q is 30 and TC is 120.
Simply divide 120 by 30.
120/30 = 4.
Therefore, the answer is N4.

Dauntless
10 years ago

The question is wrongly composed:

Incomplete or rather ambiguous question

Briejudy
1 year ago

this is annoying
the table is completely shown , how are we gonna solve

toluwanidaniel
1 year ago

How are we supposed to know that
the table was not fully displayed

oladunniAaishah
1 year ago

yeah d answer is B cos d zero at the back of the 4 is insignificant

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