$$\begin{array}{l}
\begin{array} { | c | c | }
\hline \begin{array} { c }
\text { Output } \
\text { (Units per Day) }
\end{array} & \begin{array} { c }
\text { Total Cost } \
\text { (Dollars per Day) }
\end{array} \
\hline 0 & 16 \
\hline 1 & 30 \
\hline 2 & 42 \
\hline 3 & 58 \
\hline 4 & 78 \
\hline
\end{array}\
\text { Table 21.4 }
\end{array}$$ At 4 units of output in Table 21.4, total fixed costs are
A) $78.00.
B) $19.50.
C) $16.00.
D) $20.00.

Question

$$\begin{array}{l}
\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Output } \
\text { (Units per Day) }
\end{array} & \begin{array} { c } 
\text { Total Cost } \
\text { (Dollars per Day) }
\end{array} \
\hline 0 & 16 \
\hline 1 & 30 \
\hline 2 & 42 \
\hline 3 & 58 \
\hline 4 & 78 \
\hline
\end{array}\
\text { Table 21.4 }
\end{array}$$ At 4 units of output in Table 21.4, total fixed costs are
A) $78.00.
B) $19.50.
C) $16.00.
D) $20.00.

Quizplus · Accepted Answer

Looking at Table 21.4, we can see that at 4 units of output, total fixed costs are $16.00. Therefore, the correct choice is C.

At 4 Units of Output in Table 21