Multiple Choice
A cutlery manufacturer producer produces 200 units of output at a total cost of $1,500.If total variable costs are $500,the average variable cost (per unit) is ______.
A) $3.00
B) $7.50
C) $2.5
D) $1.00
E) $2.00
Correct Answer:
Verified
Correct Answer:
Verified
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