Scenario 13-6
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 13-6.In producing the 7,000 staplers,the firm's average variable cost was
A) $2.43.
B) $4.00.
C) $6.00.
D) $6.43.
Correct Answer:
Verified
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