Exhibit 6-10 Short-run cost schedule for book publisher's hourly production

-In Exhibit 6-10,the publisher's fixed cost is equal to:

Name: Exhibit 6-10 Short-run cost schedule for book publisher's hourly production -In Exhibit 6-10,the publisher's fixed cost is equal to:
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Question

Exhibit 6-10 Short-run cost schedule for book publisher's hourly production
 
-In Exhibit 6-10,the publisher's fixed cost is equal to:

Quizplus · Accepted Answer

The fixed cost can be calculated as the total cost at zero level of output. From the table, the total cost is $200 when the hourly production is zero, which means the fixed cost is $200. Therefore, the correct answer is C) $200.

Exhibit 6-10 Short-Run Cost Schedule for Book Publisher's Hourly Production