Multiple Choice
You run a business producing picture frames.This month,your total cost of production is $10,000,your variable cost of production is $6,000,and you produce 3,000 picture frames.It follows that average _____ cost is _____.
A) variable;$2
B) total;$3
C) total;$1
D) fixed;$1
Correct Answer:
Verified
Correct Answer:
Verified
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