Scenario 13-5
A certain firm produces and sells staplers. Last year, it produced 7,000 staplers and sold each stapler for $6. In producing the 7,000 staplers, it incurred variable costs of $28,000 and a total cost of $45,000.
-Refer to Scenario 13-5.In producing the 7,000 staplers,the firm's average total cost was
A) $5.00
B) $5.42
C) $6.21
D) $6.43
Correct Answer:
Verified
Q141: Table 13-5 Q142: Figure 13-7 Q143: Table 13-5 Q144: Figure 13-7 Q147: Scenario 13-5 Q148: Scenario 13-5 Q149: Whenever marginal cost is greater than average Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
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A certain firm produces and sells
A certain firm produces and sells