Solved

A Business Produces 10 Pairs of Eyeglasses

Question 249

Multiple Choice

A business produces 10 pairs of eyeglasses.It incurs $30 in average variable cost and $5 in average fixed cost.The total cost of producing 10 pairs of eyeglasses is:


A) $35.
B) $50.
C) $300.
D) $350.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q244: In the long run:<br>A)all factors are fixed.<br>B)all

Q245: (Figure: Long-Run and Short-Run Average Cost Curves)Use

Q246: When a firm adds physical capital,its variable

Q247: Use the following to answer question: <img

Q248: If marginal cost is GREATER than average

Q250: The _ curve shows the additional cost

Q251: In general,if marginal cost is EQUAL to

Q252: If a firm has to increase output

Q253: Average total cost is the ratio of

Q254: Use the following to answer question: <img