You run a business producing picture frames.This month your total cost of production is $10,000, your variable cost of production is $6,000, and you produce 3,000 picture frames.It follows that:
A)average variable cost is $2.
B)average total cost is $3.
C)average total cost is $1.
D)average fixed cost is $1.

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The Answer of You run a business producing picture frames.This month your total cost of production is $10,000, your variable cost of production is $6,000, and you produce 3,000 picture frames.It follows that:
A)average variable cost is $2.
B)average total cost is $3.
C)average total cost is $1.
D)average fixed cost is $1.

You Run a Business Producing Picture Frames