The Cooper Company has the following information on costs. Quantity Fixed Cost Variable Cost 3 200 10 4 200 20 30 5 200 Calculate the average variable cost of producing 5 units. Round your answer to two decimal places if necessary.

Economics For Today
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Chapter7: Proudction Costs
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The Cooper Company has the following information on costs.
Quantity
Fixed Cost
Variable Cost
3
200
10
4
200
20
5
200
30
Calculate the average variable cost of producing 5 units. Round your answer to two
decimal places if necessary.
Transcribed Image Text:The Cooper Company has the following information on costs. Quantity Fixed Cost Variable Cost 3 200 10 4 200 20 5 200 30 Calculate the average variable cost of producing 5 units. Round your answer to two decimal places if necessary.
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