If fixed cost at quantity (Q) = 100 is $130, then
A) fixed cost at Q = 0 is $0.
B) fixed cost at Q = 0 is less than $130.
C) fixed cost at Q = 200 is $260.
D) fixed cost at Q = 200 is $130.
E) it is impossible to calculate fixed costs at any other quantity.
Correct Answer:
Verified
Q142: Fixed costs are best defined as
A) costs
Q143: The average fixed costs of a firm
Q144: Which of the following will become smaller
Q145: Costs that a firm remaining in business
Q146: Average fixed costs
A) will remain unchanged as
Q148: Which of the following must be true
Q149: As output is expanded, if marginal cost
Q150: Which of the following explains most accurately
Q151: If variable cost at each output level
Q152: Marginal cost is defined as the increase
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