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uantity and costs, soccer ball production (per hour) in a perfectly competitive market Q TC MC AC 0 $15 --- --- 1 $25 $10 $25

uantity and costs, soccer ball production (per hour) in a perfectly competitive market Q TC MC AC 0 $15 --- --- 1 $25 $10 $25 2 $40 $15 $20 3 $60 $20 $20 4 $85 $25 $21.25 5 $115 6 $150 $35 $25 Suppose you are producing 5 soccer balls per hour. What is the average cost of producing each soccer ball? Group of answer choices 20 23 30 25

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