Multiple Choice
O'Connor Lamp Factory has total fixed costs of $4,500.O'Connor Lamp Factory's average variable cost per lamp is $30 and its average total cost is $45.O'Connor Lamp Factory sells each lamp for $100.How many lamps is O'Connor Lamp Factory currently manufacturing?
A) 200 lamps
B) 250 lamps
C) 300 lamps
D) a number of lamps that is indeterminate from this information
Correct Answer:
Verified
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