If the Firm Produces 200,000 Toothbrushes, Its Total Cost Is

Multiple Choice

If the firm produces 200,000 toothbrushes, its total cost is 400,00 and total fixed cost is 100,000, what is the average variable cost?

A) $0.50 per unit
B) $1.00 per unit
C) $1.50 per unit
D) $2.00 per unit