The Blue Ridge Furniture Factory has fixed costs of $10 million and variable costs of $5 million.If it turns out 1 million chairs a year,how much is the average total cost of producing one chair?

Question

Quizplus · Accepted Answer

The Answer of The Blue Ridge Furniture Factory has fixed costs of $10 million and variable costs of $5 million.If it turns out 1 million chairs a year,how much is the average total cost of producing one chair?

The Blue Ridge Furniture Factory Has Fixed Costs of $10