Suppose a Firm Is Producing 100 Units of Output,incurring a Total

question 95

Multiple Choice

Suppose a firm is producing 100 units of output,incurring a total cost of $10 000 and total variable cost of $6000.It can be concluded that average fixed cost is

• A)$100.
• B)$4000.
• C)$40.
• D)$60.
• E)$160.

---

Definitions:

Gleaming Buildings

Structures that are noted for their shiny and reflective exterior surfaces, often indicating modernity and progress.

Diesel Generators

Machines that convert diesel fuel into electrical energy, typically used as a backup power source in case of electricity outage.

Oxcarts

Traditional vehicles typically pulled by oxen, used historically for transport of goods and people in various cultures.

Three-Wheeled Taxis

Motorized public transport vehicles with three wheels, commonly used in parts of Asia and Africa for short-distance travel.