A Factory Produces Two Million Hand-Held Computers a Year

question 11

Multiple Choice

A factory produces two million hand-held computers a year. The annual fixed costs of the factory are and the marginal cost of each computer is $7. What is the average cost per unit?

• A)$12.25
• B)$16.25
• C)$17.30
• D)$18.75
• E)$19.50

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Definitions:

Hungry

The feeling or condition of having a desire or need to eat food.

Afro-Caribbean Immigrants

Individuals from the Caribbean region of African descent who have migrated to other countries.

Educated and Prosperous

Describing individuals or societies that have achieved a high level of education and economic success.

African Americans

A racial or ethnic group in the United States with ancestry primarily from sub-Saharan Africa.