Wilbur's Widgets, a Widget Company, Produces 100 Widgets

question 206

Multiple Choice

Wilbur's Widgets, a widget company, produces 100 widgets. Its average fixed cost is $5 and its total variable cost is $300. What is the total cost of producing 100 widgets?

• A) $300
• B) $305
• C) $500
• D) $800

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Definitions:

Windows Marketplace

A digital distribution platform by Microsoft for apps, games, and other content for Windows devices.

Apps

Short for applications, these are software programs designed to perform specific tasks or functions on electronic devices.

Windows

An operating system developed by Microsoft that provides a graphical interface for personal computers, allowing users to manage files and run software applications.

Shortcut Menu

A context-sensitive menu that appears when a user right-clicks within a graphical interface, offering a list of options relevant to the current context or selection.