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Labor Quantity FC VC TC AFC AVC ATC MC 0 50 0 1 4 50 30 2 14 50 65 22 50 110 26 50

Labor Quantity FC VC TC AFC AVC ATC MC 0 50 0 1 4 50 30 2 14 50 65 22 50 110 26 50 165 29 50 220 31 50 295 When hiring 4 workers, average variable cost will be $_ O a) 6.35 ( b) 5.75 O c) 6.80 d) 5.93

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