Table 13-3 Consider the Following Firm Which Makes High-Performance Racing Bicycles.All Costs

Multiple Choice

Table 13-3
Consider the following firm which makes high-performance racing bicycles.All costs are given in dollars.Output is shown on a monthly basis.The firm's fixed costs include a rent of $800 and a lease cost of $400 per month.
-Refer to Table 13-3.What is the average fixed cost for the month if 10 bicycles are produced?

A) $120
B) $284.40
C) $404.40
D) $1200