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    Microeconomics Canada
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    Exam 10: Output and Costs
  5. Question
    Ernie's Earmuffs Produces 200 Earmuffs Per Year at a Total
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Ernie's Earmuffs Produces 200 Earmuffs Per Year at a Total

Question 51

Question 51

Multiple Choice

Ernie's Earmuffs produces 200 earmuffs per year at a total cost of $2,000 and $400 of this cost is fixed.What is Ernie's total variable cost?


A) $400
B) $8
C) $2
D) $2,400
E) $1,600

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