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Units of total fixed total variable output cost cost 1 1000 1200 2 1000 2400 3 1000 3600 4 1000 5000 5 1000 6600 What
Units of total fixed total variable
output cost cost
1 1000 1200
2 1000 2400
3 1000 3600
4 1000 5000
5 1000 6600
What is the average total cost (ATC) at an output level of two units?
a)1200
b)500
c)2400
d)1700
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