Costs for producing books are shown in the table below

Business Nov 19, 2020

Costs for producing books are shown in the table below. Labor Quantity Fixed Cost Variable Cost Total Cost Marginal Average Cost Total Cost 0 0 $50 $0 $50 10 $50 $30 $80 2 24 $50 $60 $110 w 49 $50 $90 $140 4 70 $50 $120 $170 5 82 $50 $150 $200 Calculate the average total cost for producing 49 books. Round your answer to the nearestb