Solved

In the Short Run, If Average Variable Cost Equals $50

Question 131

Multiple Choice

In the short run, if average variable cost equals $50, average total cost equals $75, and output equals 100, the total fixed cost must be

A) $25.
B) $2,500.
C) $5,000.
D) $7,500.

Related Questions

Q126: During the last two decades, the number

Q127: The costs of a firm indicate the

Q128: Which of the following is characteristic of

Q129: Which of the following items is most

Q130: Evaluate the following: "Employers who discriminate against

Q132: Economic profit is<br>A) total revenues minus variable

Q133: Use the figure to answer the following

Q134: As output rises, marginal product eventually diminishes

Q135: Which of the following is true about

Q136: Use the figure to answer the following