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Costs for producing model airplanes are shown in the table below. Labor Quantity Fixed Cost Variable Cost Total Cost Marginal Cost Average Total Cost 0
Costs for producing model airplanes are shown in the table below. Labor Quantity Fixed Cost Variable Cost Total Cost Marginal Cost Average Total Cost 0 0 $20 $20 1 23 $20 $4 $24 2 50 $20 $8 $28 3 81 $20 $12 $32 4 104 $20 $16 $36 Calculate the average total cost for producing 104 model airplanes. Round your answer to the nearest hundredth
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