When a Firm Produces Zero Output, Its Total Cost Is_______

question 18

Multiple Choice

When a firm produces zero output, its total cost is_______ .

• A)zero
• B)equal to its fixed cost
• C)equal to its sunk cost
• D)equal to its variable cost

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Definitions:

3-ethyl-3-methylhexane

A branched alkane with the formula C8H18, having an ethyl and a methyl group on the third carbon of the hexane chain.

Ethyl

A univalent radical, C2H5, derived from ethane and forming many compounds, used in chemical synthesis.

Methyl

A hydrocarbon group, CH3, often acting as a substituent in organic molecules.

Structures Below

Generally refers to a graphical representation of the spatial arrangement of atoms and the bonds between them which appears in the subsequent part of a document or presentation.