Use the following to answer questions 4-8:

-If the firm hires 8 workers,the total amount of fixed costs equals
A)$6200
B)$1000
C)$600
D)$1200

Name: Use the following to answer questions 4-8: -If the firm hires 8 workers,the total amount of fixed costs equals A)$6200 B)$1000 C)$600 D)$1200
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Use the following to answer questions 4-8:
 
-If the firm hires 8 workers,the total amount of fixed costs equals
A)$6200 
B)$1000 
C)$600 
D)$1200

Quizplus · Accepted Answer

Fixed costs do not change with the level of output or the number of workers hired. Therefore, the total amount of fixed costs remains constant regardless of the number of workers, which is $1000 in this case.

Use the Following to Answer Questions 4-8