Multiple Choice
Bill's Mechanical Devices Inc.produces robots for the automotive industry.If its average variable costs are given by AVC = 25,its fixed costs are $2,500,and it charges $75 a robot,what is Bill's break-even level of output?
A) 25 robots.
B) 33.3 robots.
C) 50 robots.
D) 75 robots.
E) 100 robots.
Correct Answer:
Verified
Correct Answer:
Verified
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