Use the Information Below to Answer the Following Question(s)

question 159

Multiple Choice

Use the information below to answer the following question(s) .
Sanjay Company has monthly fixed costs of $112,000. The variable costs are $5.00 per unit.The sales price per unit is $20.00 and they sold 8,000 units.
-Sanjay Company's average fixed costs per unit will be

• A) $19.00 per unit.
• B) $5.00 per unit.
• C) $14.00 per unit.
• D) $15.00 per unit.

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Definitions:

Immigration Model

A theoretical framework used to analyze the movement of people across borders and its impact on economies, labor markets, and societies.

Wage Rate

The amount of money paid to an employee for a specified quantity of work, typically expressed on an hourly, daily, or piecework basis.

Optimal Level

The most favorable point, level, or condition for achieving a specific goal or maximizing a specific outcome under given constraints.

Marginal Benefit

The boost in satisfaction or utility experienced by a consumer when consuming an extra unit of a good or service.