Solved

Suppose Guild Produces 5, 000 Guitars Per Year

Question 138

Multiple Choice

Suppose Guild produces 5, 000 guitars per year.Its average total cost is $90, and its fixed cost is $250, 000.What is its variable cost?


A) $250, 000
B) $450, 000
C) $25, 000
D) $56, 000
E) $200, 000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents