Ernie's Earmuffs produces 200 earmuffs per year at a total cost of $2,000 and $400 of this cost is fixed.What is Ernie's total variable cost?
A)$400
B)$8
C)$2
D)$2,400
E)$1,600

Name: Ernie's Earmuffs produces 200 earmuffs per year at a total cost of $2,000 and $400 of this cost is fixed.What is Ernie's total variable cost? A)$400 B)$8 C)$2 D)$2,400 E)$1,600
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Ernie's total variable cost is calculated by subtracting the fixed cost from the total cost: $2,000 - $400 = $1,600.

Ernie's Earmuffs Produces 200 Earmuffs Per Year at a Total