FIGURE 7-2

-Refer to Figure 7-2. The diagram above shows two cost curves representing short-run total cost and total fixed cost. Which letter represents the total cost curve and the total fixed cost curve?
A) X is the total cost curve, and Y is the total fixed cost curve.
B) Y is the total cost curve, and X is the total fixed cost curve.
C) Y is the total cost curve, and Z is the total fixed cost curve.
D) X is the total cost curve, and Z is the total fixed cost curve.

Question

FIGURE 7-2
 
-Refer to Figure 7-2. The diagram above shows two cost curves representing short-run total cost and total fixed cost. Which letter represents the total cost curve and the total fixed cost curve?
A) X is the total cost curve, and Y is the total fixed cost curve. 
B) Y is the total cost curve, and X is the total fixed cost curve. 
C) Y is the total cost curve, and Z is the total fixed cost curve. 
D) X is the total cost curve, and Z is the total fixed cost curve.

Quizplus · Accepted Answer

The Answer of FIGURE 7-2
 
-Refer to Figure 7-2. The diagram above shows two cost curves representing short-run total cost and total fixed cost. Which letter represents the total cost curve and the total fixed cost curve?
A) X is the total cost curve, and Y is the total fixed cost curve. 
B) Y is the total cost curve, and X is the total fixed cost curve. 
C) Y is the total cost curve, and Z is the total fixed cost curve. 
D) X is the total cost curve, and Z is the total fixed cost curve.

FIGURE 7-2 -Refer to Figure 7-2. the Diagram Above Shows Two Cost