Tankao makes Bluetooth headphones for mobile devices. When 50 Bluetooth headphones are produced in the short...
Tankao makes Bluetooth headphones for mobile devices. When 50 Bluetooth headphones are produced in the short run, the average variable cost is $30. Fixed costs are greater than zero. Therefore, Tankao's average _____ cost is _____.
A.total; $30.
B.total; less than $30.
C.fixed; $30.
D.total; greater than $30.
Homework Answers
Answer
Option D
average total cost =average variable cost +average fixed cost
average fixed cost =fixed cost/quantity
fixed cost>0
average fixed cost>0
average total cost =30 +AFC
ATC>30
Therefore, Tankao's average total cost is greater than $30.
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