Refer to the table shown. If the output of bicycles is 4 per week, Output (Bicycles per week) | Total Cost (Dollars)
1 | 100
2 | 200
3 | 310
4 | 440
5 | 580
6 | 730
7 | 900
8 | 1,200
A) the average cost of producing each bicycle is: 100
110
120
140
B) The average variable cost of producing five bicycles per week is:
$116
$140
less than or equal to$116
