A business produces 10 pairs of eyeglasses.It incurs $30 in average variable cost and $5 in average fixed cost.The average total cost of producing 10 pairs of eyeglasses is:
A)$30.
B)$35.
C)$50.
D)$300.

Question

Quizplus · Accepted Answer

The average total cost is the sum of the average variable cost and the average fixed cost. Therefore, the average total cost is $30 (average variable cost) + $5 (average fixed cost) = $35.

A Business Produces 10 Pairs of Eyeglasses