Refer to the table above. What is the average variable cost of ...

[newbem]

Refer to the table above. What is the average variable cost of producing 86 units of the good?
 
  A) 30
  B) 0.35
  C) 2.1
  D) 10

Question 2

A country with a real GDP per person similar to real GDP per person in the United States but with limited political freedom is generally considered to have
 
  A) a lower standard of living than the United States.
  B) a larger Human Development Index because the other country still needs to develop more political freedom.
  C) the same standard of living as the United States.
  D) an understated GDP.
  E) an overstated nominal GDP.

[matt]

Answer to Question 1

B

Answer to Question 2

A