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What is the average variable cost (on a per visit basis) if the number of visits is 3,000?

Question 5 (0.5 points)

Use the data in the table below to answer the question.

Number of Visits 0 1,000 2,000 3,000
Total Cost $100,000 $130,000 $160,000 $190,000

What is the average variable cost (on a per visit basis) if the number of visits is 3,000?

Question 5 options:

$ 30
$ 50
$ 63
$ 100

 


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