A Firm's Total Fixed Cost Is $100

question 61

Multiple Choice

A firm's total fixed cost is $100.If total cost is $200 for one unit of output and $310 for two units,what is the marginal cost of the second unit?

• A)$100
• B)$110
• C)$200
• D)$210
• E)$310

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Definitions:

Chlorpromazine

A medication primarily used to treat psychotic disorders such as schizophrenia, also known for its antipsychotic properties.

Schizophrenia

A complex psychiatric disorder that affects a person's ability to think, feel, and behave clearly, often characterized by hallucinations, delusions, and cognitive difficulties.

Norepinephrine

A neurotransmitter and hormone involved in the body's stress response and in regulating mood, attention, and arousal.

Psychosurgery

Surgery that removes or destroys brain tissue in an effort to change behavior.