The Toys-R-Danger-Us Toy Company can produce 500 water pistols for a total cost of $1,400 . If the variable cost of producing 500 water pistols is $1,300, then
a. fixed cost must be $100
b. marginal cost must be $1,300
c. marginal cost must be increasing
d. average variable cost must be decreasing
e. average fixed cost must be constant
A
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