JAMB Economics 2011 Objective — Question 29

Question 29 of 49 from the Joint Admissions and Matriculation Board (JAMB) Economics 2011 Objective paper, with the correct answer and a full explanation.

[Same diagram as above] The average total cost when 20 units are produced is

• A. A. #23.00
• B. B. #13.00
• C. C. #15.00Correct
• D. D. #20.00

Explanation

The average total cost when 20 units are produced is #15.

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