Figure 8-14 the Following Question(s) Refer(s) to the Below Cost

question 152

Multiple Choice

Figure 8-14 The following question(s) refer(s) to the below cost curves for one very small firm in a large market.

Refer to Figure 8-14. If the firm produces 15 units of output, its average fixed cost is

• A) 4.
• B) 5.
• C) 6.
• D) 60.