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Question 21 The data in the table is for a firm in which labour is the only variable cost and each unit of labour costs
Question 21 The data in the table is for a firm in which labour is the only variable cost and each unit of labour costs the same regardless of how many units are bought. Not yet answered Units of TVC MC AVC Points out of Labour TP MP AP $ $ 2.00 $ Flag 1 question 18 8 100 12 20 3 45 25 4 30 18.8 15 20 16 120 20 7 10 18.6 8 135 19 15 10 130 Refer to the information above to answer this question. As one reads down the TVC column, what is the pattern in the numbers? Select one: O A. They continuously rise. O B. They fall until the fifth unit of labour used and then rise. O C. They continuously fall. O D. They rise until the fifth unit of labour used and then fall. O E. There is no clear pattern. Previous page Next page
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