Final answer:
To calculate the average variable cost for producing 500 units, we need total variable costs and the number of units produced. Without information on the number of machines and workers or production rates, we cannot provide an exact AVC figure. However, the general formula is AVC = Total Variable Costs / Quantity.
Step-by-step explanation:
The student has asked to calculate the average variable cost (AVC) for producing 500 units when machines rent for $2,000 each per day and workers earn $200 per day. To find the AVC, we need to consider the total variable costs and the number of units produced. Given that in the other examples, the combined costs of labor and machine per hour are $24, if we relate to this case, we could assume similar conditions where the cost of labor plus the cost of machine per unit would be relevant. However, essential information is missing for a precise calculation, such as the number of machines and workers used, as well as the production rate (units produced per day per worker or machine).
Without the complete data, we cannot calculate the exact average variable cost for producing 500 units. Nonetheless, if we had all the necessary information, the formula for the average variable cost would be total variable cost divided by the number of units produced (AVC = TVC / Quantity). In this case, it would involve the total cost of machines and labor for a day, divided by the 500 units produced.