Exhibit 7-5

-In Exhibit 7-5, what is fixed cost at 20 units of output?
A) $0
B) $10
C) $40
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 = 15

Question

Exhibit 7-5
 
-In Exhibit 7-5, what is fixed cost at 20 units of output?
A) $0 
B) $10 
C) $40 
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 = 15

Quizplus · Accepted Answer

The Answer of Exhibit 7-5
 
-In Exhibit 7-5, what is fixed cost at 20 units of output?
A) $0 
B) $10 
C) $40 
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 = 15

Exhibit 7-5 -In Exhibit 7-5, What Is Fixed Cost at 20 Units