Scenario 13-5 A Stationery Firm Produces and Sells Staplers.Last Year, It Produced

Multiple Choice

Scenario 13-5
A stationery firm produces and sells staplers.Last year, it produced 5000 staplers and sold each stapler for $10.In producing the 5000 staplers, it incurred variable costs of $25,000 and a total cost of $45,000.
-Refer to Scenario 13-5.In producing the 5000 staplers,what was the firm's average variable cost

A) $2
B) $4
C) $5
D) $7