The Average Variable Cost of Producing Ice Cream Sundaes Are

question 289

Multiple Choice

The average variable cost of producing ice cream sundaes are minimized when 100 sundaes are produced. The total cost of producing 100 sundaes is $500. If fixed cost of production is $200, what is the marginal cost of producing the 100th sundae?

• A) $2
• B) $3
• C) $5
• D) indeterminate from the given information

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Definitions:

Subdatasheet

A feature in Microsoft Access that allows users to view related data from a different table as a nested datasheet within a main datasheet.

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A user interface element that allows users to reveal more information or options within a software application.

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A UI element in databases and spreadsheets that allows users to select individual records for editing or review.

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Predefined value assigned to a variable or option that is used if no user-defined value is provided.