Table 214 At 4 Units of Output in Table 21

question 123

Multiple Choice

Table 21.4 $\begin{array}{|c|r|}\hline \text { Output (Units per Day) } & \text { Total Cost (Dollars per Day) } \\\hline 0 & 16 \\\hline 1 & 30 \\\hline 2 & 42 \\\hline 3 & 58 \\\hline 4 & 78 \\\hline\end{array}$ 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.

---

Definitions:

Partnership Interest

An ownership share held by a partner in a partnership, representing a portion of the partnership's assets and profits.

Statement of Dissociation

A formal document filed to announce a partner’s withdrawal from a partnership, which affects the partnership's legal and operational status.

Secretary of State

A high-ranking official in many governmental bodies who is typically in charge of foreign affairs or domestic records.

Borrow Money

The act of receiving funds from a lender under the agreement that the funds will be repaid, usually with interest, at a future date.