FIGURE 12-7
-Figure 12-7 above is drawn to show that variable costs are smaller than fixed costs when the firm sells
A)400 pictures.
B)900 pictures.
C)1000 pictures.
D)1200 pictures.
E)There is not enough information to determine this.

Question

FIGURE 12-7 
-Figure 12-7 above is drawn to show that variable costs are smaller than fixed costs when the firm sells
A)400 pictures. 
B)900 pictures. 
C)1000 pictures. 
D)1200 pictures. 
E)There is not enough information to determine this.

Quizplus · Accepted Answer

Variable costs are smaller than fixed costs when the firm sells 400 pictures.

FIGURE 12-7 -Figure 12-7 Above Is Drawn to Show That Variable Costs