Figure 8-5
-From Figure 8-5, one can deduce
A)TR = TC at outputs 10 and 60.
B)MR = MC at output 35.
C)TFC = 100.
D)All of the responses are correct.

Question

Figure 8-5 
-From Figure 8-5, one can deduce
A)TR = TC at outputs 10 and 60. 
B)MR = MC at output 35. 
C)TFC = 100. 
D)All of the responses are correct.

Quizplus · Accepted Answer

All the statements provided are deductions that can be made from a typical economic graph where TR represents Total Revenue, TC represents Total Cost, MR represents Marginal Revenue, MC represents Marginal Cost, and TFC represents Total Fixed Cost. Without seeing the specific Figure 8-5, this answer assumes a standard interpretation of such economic graphs where these relationships (equality of TR and TC, MR and MC, and a constant TFC) are commonly depicted.

Figure 8-5 -From Figure 8-5, One Can Deduce