Refer to the scenario above. The present value of the positive cash flows from the investment in Plan 2 is equal to:

Consumers who clip and redeem discount coupons ________.

A. exhibit the same price elasticity of demand for a given product than consumers who do not clip and redeem coupons B. exhibit a relatively higher price elasticity of demand for a given product than consumers who do not clip and redeem coupons C. cause total revenue to decrease for firms that issue coupons for their products D. exhibit a relatively lower price elasticity of demand for a given product than consumers who do not clip and redeem coupons

Use the above table and assume a fixed cost of $200. At an output of 3, AVC is

A. $133.
B. $167.
C. $200.
D. $500.