Multiple Choice
Roberts Electronics calculates that if it produces 15 radar detectors, its costs are $1,500, and if it produces 16 radar detectors, its costs are $1,590. In this instance, $90 is the firm's ____ cost.
A) average
B) fixed
C) variable
D) marginal
E) average variable
Correct Answer:
Verified
Correct Answer:
Verified
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