The information below shows the total cost of production for a firm at different levels of output.
| Total output | 0 | 50 | 100 | 150 | 200 | 250 |
|---|---|---|---|---|---|---|
| Total cost of production | £12 000 | £19 500 | £26 200 | £32 400 | £38 600 | £45 500 |
What is the average variable cost when 200 units are produced?
£60.00\text{£}60.00£60.00
£133.00\text{£}133.00£133.00
£193.00\text{£}193.00£193.00
£253.00\text{£}253.00£253.00
