Waec 2021 Economics Question 20

Practice objective / multiple choice question 20 from the 2021 Waec Economics examination.

Waec 2021 Economics Objective / Multiple Choice 2 Difficulty

Question 20 WAEC • 2021 • ECONOMICS • objective

TABLE - T1

                            A firm incurred the following costs in production. Use the information in the table to answer questions 19 and 20.

\begin{tabular}[t]{|l|l|l|l|l|l|l|l|}
\hline Output (bags of rice) & 0 & 10 & 20 & 30 & 40 & 50 & 60 \\
\hline Total Cost (\$) & 100 & 200 & 300 & 380 & 440 & 520 & 600 \\
\hline
\end{tabular}

                        

The average cost of producing 40 bags of rice is

Answer Options

A. $10.

Correct Answer B. $11.

C. $60.

D. $80.

Correct Answer

Correct Option:

$11.

About This Question

This is Waec 2021 Economics Question 20. It is one of the objective questions from the 2021 Waec Economics examination.

Difficulty level: 2 .

View More Waec 2021 Economics Questions More Waec Practice Questions Back to Questions

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