Figure 7.7 Figure 7.7 shows the cost structure for a firm.
-Refer to Figure 7.7.When the output level is 100 units, what is average fixed cost?
A)$10.
B)$8.
C)$5.
D)This cannot be determined from the diagram.

Question

Figure 7.7  Figure 7.7 shows the cost structure for a firm.
-Refer to Figure 7.7.When the output level is 100 units, what is average fixed cost?
A)$10. 
B)$8. 
C)$5. 
D)This cannot be determined from the diagram.

Quizplus · Accepted Answer

The Answer of Figure 7.7  Figure 7.7 shows the cost structure for a firm.
-Refer to Figure 7.7.When the output level is 100 units, what is average fixed cost?
A)$10. 
B)$8. 
C)$5. 
D)This cannot be determined from the diagram.

Figure 77 Figure 7