Figure 11-7

Figure 11-7 shows the cost structure for a firm.
-Refer to Figure 11-7.When the output level is 100 units, average fixed cost is
A)$12.
B)$8.
C)$4.
D)This cannot be determined from the diagram.

Question

Figure 11-7
  
Figure 11-7 shows the cost structure for a firm.
-Refer to Figure 11-7.When the output level is 100 units, average fixed cost is
A)$12. 
B)$8. 
C)$4. 
D)This cannot be determined from the diagram.

Quizplus · Accepted Answer

The Answer of Figure 11-7
  
Figure 11-7 shows the cost structure for a firm.
-Refer to Figure 11-7.When the output level is 100 units, average fixed cost is
A)$12. 
B)$8. 
C)$4. 
D)This cannot be determined from the diagram.

Figure 11-7 Figure 11-7 Shows the Cost Structure for a Firm