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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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