(begin{array}{c|c} text{Out put produced per day (Units)} & text{Fixed cost per day (N)} & text{Total…

(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 & 190end{array})
At 60 units of output, the AVC is
  • A.
    ₦2.50
  • B.
    ₦1.50
  • C.
    ₦90.00
  • D.
    ₦150.00
Correct Answer: Option B
Explanation
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