A business produces one product only. The information below is given. Output 600 units, total cost $4200. Output 800 units, total cost $5200. What is the fixed cost per unit?
- AFor 600 units: $2.00; for 800 units: $1.50
- BFor 600 units: $2.00; for 800 units: $2.00
- CFor 600 units: $5.00; for 800 units: $5.00
- DFor 600 units: $7.00; for 800 units: $6.50