A college "marketing club" printed 1,000 "We're Number 1" bumper stickers for sale at $3.00 each as a fund-raiser. Its fixed costs were $500, and the variable cost for each sticker was $0.50. The club's average cost per unit was
A. $0.50.
B. $2.50.
C. $1.00.
D. $2.00.
E. Not enough information is provided to determine the cost per unit.
Answer: C
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