Solved

Austin's Total Fixed Cost Is $3,600 a Month at His

Question 87

Multiple Choice

Austin's total fixed cost is $3,600 a month at his cupcake bakery. Austin employs 20 workers and pays each worker $600 a month. If labor is his only variable cost, what is Austin's total cost?


A) $3,600
B) $1,200
C) $15,600
D) $12,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q31: When a firm has to increase its

Q84: An input whose quantity can be changed

Q85: The marginal product of labor is:<br>A) the

Q86: Use the following to answer question: <img

Q90: Tankao makes Bluetooth sets for mobile devices.

Q91: Use the following to answer questions: <img

Q105: A firm that has lower costs per

Q148: Kaile Cakes produces 10 cakes per day.The

Q264: In the short run,as output gets larger:<br>A)fixed

Q305: When the long-run average total cost curve