-The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The total fixed cost of producing 10 baseball hats per hour is
A) $400.
B) $200.
C) $22.
D) More information is needed to answer the question.

Question

-The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is $200 and workers cost $10 per hour. The total fixed cost of producing 10 baseball hats per hour is
A) $400. 
B) $200. 
C) $22. 
D) More information is needed to answer the question.

Quizplus · Accepted Answer

The total fixed cost is the cost that does not change with the level of output, which is $200 when zero caps are produced.

-The Table Above Gives Production Information for Bob's Baseball Cap