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Consider the following cost schedule. Labour TP TFC TVC TC AFC AVC ATC MC a 0 0 210.0 0.0 210.0 b 1 10 210.0 22.5
Consider the following cost schedule. Labour TP TFC TVC TC AFC AVC ATC MC a 0 0 210.0 0.0 210.0 b 1 10 210.0 22.5 232.5 2.3 23.3 2.3 C 2 22 210.0 45.0 255.0 2.0 11.6 d 3 31 210.0 67.5 277.5 6.8 2.2 9.0 e 4 37 210.0 90.0 300.0 5.7 8.1 3.8 -h 5 41 210.0 112.5 322.5 5.1 7.9 5.6 What is average variable cost at points e and f? Select one: 22.5 and 16.0 O 2.4 and 2.7 2.3 and 2.0 21.9 and 7.5
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