A business produces 10 pairs of eyeglasses.It incurs $30 in average variable cost and $5 in average fixed cost.The total cost of producing 10 pairs of eyeglasses is:
A)$35.
B)$50.
C)$300.
D)$350.

Question

Quizplus · Accepted Answer

The total cost of producing 10 pairs of eyeglasses is calculated by adding the total variable cost and the total fixed cost. The average variable cost is $30 per pair, so for 10 pairs, the total variable cost is $30 * 10 = $300. The average fixed cost is $5 per pair, so for 10 pairs, the total fixed cost is $5 * 10 = $50. Adding these together gives $300 + $50 = $350.

A Business Produces 10 Pairs of Eyeglasses