Multiple Choice

Scenario 13-5
A stationery firm produces and sells staplers.Last year, it produced 5000 staplers and sold each stapler for $10.In producing the 5000 staplers, it incurred variable costs of $25,000 and a total cost of $45,000.
-Refer to Scenario 13-5.In producing the 5000 staplers,what was the firm's average total cost
A) $6
B) $7
C) $8
D) $9
Correct Answer:
Verified
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