Suppose that a firm is currently employing 30 workers, the only variable input, at a wage rate of $60. The average product of labor is 30, the last worker added 12 units to total output, and total fixed cost is: $3,600.

what is the averge variable cost?

go figure out yourself

To calculate the average variable cost, you need to divide the total variable cost by the number of units produced. The total variable cost is calculated by multiplying the variable input (number of workers) by the wage rate.

Given information:
- Number of workers: 30
- Wage rate: $60

To calculate the total variable cost:
Total Variable Cost = Number of Workers * Wage Rate

Total Variable Cost = 30 * $60 = $1800

Now, to calculate the average variable cost:
Average Variable Cost = Total Variable Cost / Number of Units Produced

Unfortunately, the total units produced are not provided in the given information. The average product of labor is given, but it measures the output per worker, not the total units produced.

To calculate the average variable cost, we need to know the total units produced. If you can provide that information, I can help you calculate the average variable cost.