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Ted's Sleds produces sleds at an average variable cost per unit of $41.18 when production quantity...

Ted's Sleds produces sleds at an average variable cost per unit of $41.18 when production quantity is 1,250 units. When production increases to 1,251 units the average variable cost declines to $41.16. What is the minimal price that Ted's Sleds can charge for the 1,251st sled without affecting net profits?

Select one:

a. $15.16

b. $14.16

c. $13.89

d. $14.37

e. $16.16

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jeff jeffy answered 2 years ago
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