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Answer the question on the basis of the following cost data. Average Fixed Output Cost Average Variable Cost 1 $ 50.00 $ 100.00 2 25.00

Answer the question on the basis of the following cost data. Average Fixed Output Cost Average Variable Cost 1 $ 50.00 $ 100.00 2 25.00 80.00 16.67 66.67 4 12.50 65.06 10.00 68.00 8.37 73.33 7 7.14 80.60 6.25 87.50 The total cost of four units of output isMultiple Choice O $260.00. O $77.50. O $310.00. O $215.00

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