Assume That in the Short Run a Firm Is Producing

question 9

Multiple Choice

Assume that in the short run a firm is producing 200 units of output, has average total costs of $250, and has average variable costs of $150. The firm's total fixed costs are.

• A)$20,000.
• B)$2.
• C)$0.5.
• D)$100.

---

Definitions:

Retina

The light-sensitive layer at the back of the eye that contains cells which convert light into electrical signals sent to the brain.

Beta Waves

A pattern of brain waves that are associated with active, alert thought and a focused state of mind.

Delta Waves

Slow and high amplitude brainwaves that are typically associated with deep sleep and aid in the body's healing process and rejuvenation.

Alpha Waves

A type of brainwave that is associated with relaxed, calm, and wakeful states, typically with closed eyes.