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27) The following data show the total output for a firm when specified amounts of labour are combined with a fixed amount of capital. When

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27) The following data show the total output for a firm when specified amounts of labour are combined with a fixed amount of capital. When answering the questions, you are to assume that the wage per unit of labour is $25 and the cost of the capital is $100. Labour per unit of time Total output 0 0 25 N 75 175 250 UI A 305 TABLE 7-4 Refer to Table 7-4. Average variable costs for 175 units of output is approximately A) 25 cents. B) 32 cents. C) 43 cents. D) 57 cents. E $1.00

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