Exhibit 7-5

-In Exhibit 7-5, what is fixed cost at 15 units of output?
A) $0
B) $10
C) $30
D) it is impossible to calculate fixed cost unless we know the daily wage
E) it is impossible to calculate fixed cost unless we know variable cost at Q = 0

Question

Exhibit 7-5
 
-In Exhibit 7-5, what is fixed cost at 15 units of output?
A) $0 
B) $10 
C) $30 
D) it is impossible to calculate fixed cost unless we know the daily wage 
E) it is impossible to calculate fixed cost unless we know variable cost at Q = 0

Quizplus · Accepted Answer

The Answer of Exhibit 7-5
 
-In Exhibit 7-5, what is fixed cost at 15 units of output?
A) $0 
B) $10 
C) $30 
D) it is impossible to calculate fixed cost unless we know the daily wage 
E) it is impossible to calculate fixed cost unless we know variable cost at Q = 0

Exhibit 7-5 -In Exhibit 7-5, What Is Fixed Cost at 15 Units