Multiple Choice
Scenario 13-19
Doreen's Dairy produces and sells Swiss cheese. Last year, it produced 7,000 pounds and sold each pound for $6. In producing the 7,000 pounds, the dairy incurred variable costs of $28,000 and a total cost of $40,000.
-Refer to Scenario 13-19. In producing the 7,000 pounds of cheese, the firm's average fixed cost was
A) $0.29.
B) $1.71.
C) $2,00.
D) $6.00.
Correct Answer:

Verified
Correct Answer:
Verified
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