Scenario 13-6 A Certain Firm Produces and Sells Staplers.Last Year,it Produced 7,000

question 229

Multiple Choice

Scenario 13-6
A certain firm produces and sells staplers.Last year,it produced 7,000 staplers and sold each stapler for $6.In producing the 7,000 staplers,it incurred variable costs of $28,000 and a total cost of $45,000.
-Refer to Scenario 13-6.In producing the 7,000 staplers,the firm's average fixed cost was

• A) $1.00.
• B) $1.32.
• C) $2.21.
• D) $2.43.

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