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Exhibit 10-9 If the Firm in Exhibit 10-9 Produces

Question 49

Multiple Choice

Exhibit 10-9 Exhibit 10-9 If the firm in Exhibit 10-9 produces 100 units of output, it will have A) both d and e B) variable cost of slightly less than $800 C) fixed cost of slightly more than $700 D) total cost of $1, 500 E) total revenue of $800 If the firm in Exhibit 10-9 produces 100 units of output, it will have

A) both d and e
B) variable cost of slightly less than $800
C) fixed cost of slightly more than $700
D) total cost of $1, 500
E) total revenue of $800

Correct Answer: