Figure 11-7

Figure 11-7 shows the cost structure for a firm.
-Refer to Figure 11-7.If output is 100 units, what is the fixed cost of production?
A)$800
B)$1,200
C)$1,600
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.If output is 100 units, what is the fixed cost of production?
A)$800 
B)$1,200 
C)$1,600 
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.If output is 100 units, what is the fixed cost of production?
A)$800 
B)$1,200 
C)$1,600 
D)This cannot be determined from the diagram.

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