Multiple Choice
A college "marketing club" printed 1,000 "We're Number 1" bumper stickers for sale at $3.00 each as a fund-raiser. Its fixed costs were $500, and the variable cost for each sticker was $.50. The club's average cost per unit was:
A) $2.00.
B) $2.50.
C) $0.50.
D) $1.00.
E) There is not enough information to tell.
Correct Answer:
Verified
Correct Answer:
Verified
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