Multiple Choice
A firm's total fixed cost equals $2,500. The firm's average fixed cost at 1, 5, and 10 units of output, respectively, will be:
A) $2,500, $2,500, and $2,500.
B) $2,500, $500, and $250.
C) $2,500, $12,500, and $25,000.
D) $2,500, $1,250, and $250.
Correct Answer:
Verified
Related Questions
Q47: If Jason's fixed cost totals $800 with
Q48: If Jason's fixed cost totals $400 with