Refer to the information provided in Table 8.5 below to answer the question(s) that follow.
Table 8.5Number of SwordsTVCMCAVCTFCTCAFCATC0???? 50??1?25?????2??????47.503??23.33????4????150??5135??????Refer to Table 8.5. If Phoebe produces four swords, her average fixed costs are
A. $2.
B. $10.
C. $12.50.
D. $50.
Answer: C
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