Economics Multiple Choice Question – 9 April 2019

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

The information below shows the total cost of production for a firm at different levels of output.

Table 52

What is the average variable cost when 400 units are produced?

Select ONE answer:

  1. £43,75
  2. £87.00
  3. £90.75
  4. £134.50

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS5 classes.

The answer is 3

  1. AFC
  2. MC
  3. Correct – AVC
  4. ATC

 

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