begin array c c text Out put produced per day U... - JAMB Economics 2003 Question
\(\begin{array}{c|c} \text{Out put produced per day (Units)} & \text{Fixed cost per day (N)} & \text{Total cost per day (N)} \ \hline 20 & 60 & 100 \ \hline 30 & 60 & 120 \ \hline 40 & 60 & 130 \ \hline 50 & 60 & 135 \ \hline 60 & 60 & 150 \ \hline 70 & 60 & 170 \ \hline 80 & 60 & 190\end{array}\)
At 60 units of output, the AVC is
At 60 units of output, the AVC is
A
₦2.50
B
₦1.50
C
₦90.00
D
₦150.00
correct option: b
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