the fixed costs of producing a wild widget are $34000. the variable costs are $5.00 per widget. what is the average cost per widget of 7000 wild widgets? round to the nearest tenths.

Answer 1

Generally variable costs are expressed as some function of the number of widgets. If the variable costs are just $5.00, then they don't vary, and the cost per widget is just $34005.00, regardless of how many are made.

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