Author Question: In the above table, the average fixed cost at 4 units of output is A) 1.00. B) 4.50. C) 4.70. ... (Read 55 times)

jho37 · **on:** Jun 29, 2018

In the above table, the average fixed cost at 4 units of output is

A) 1.00.
B) 4.50.
C) 4.70.
D) 4.80.

Question 2

The figure above shows Tanya's consumption possibilities. Which of the following combinations of goods is not affordable?

A) 8 movie tickets and 3 restaurant meals.
B) 12 movie tickets and 2 restaurant meals.
C) 10 movie tickets and 3 restaurant meals.
D) 6 movie tickets and 3 restaurant meals.