-Refer to Figure 8.6.The total fixed costs for Cyndy's Floral Arrangements are $1,000.If Cyndy's Floral Arrangements produces 200 silk flower arrangements,the average fixed costs are:
A) $.20.
B) $5.
C) $20.
D) $200.
Correct Answer:
Verified
Q62: Q65: Q68: If Mayo Lawyer Firm's total costs are Q69: Tom's landscaping service has only one variable Q71: A firm will begin to experience diminishing Q71: At Fresh Hot Bakery,the average cost of Q74: Marginal costs typically Q75: Marginal cost is equal to Q75: The law of diminishing returns applies in Q76: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) increase as output increases.
B)
A) variable cost
