In the Short Run, If Average Variable Cost Equals $50

question 131

Multiple Choice

In the short run, if average variable cost equals $50, average total cost equals $75, and output equals 100, the total fixed cost must be

• A) $25.
• B) $2,500.
• C) $5,000.
• D) $7,500.

---

Definitions:

Visual Perceptions

The ability to interpret the surrounding environment by processing information contained in visible light.

Cognitive Therapy

A type of psychotherapy aimed at changing negative patterns of thought to alter behavior and emotions.

Significant Points

Critical or important aspects, factors, or moments that have a major impact on a situation or outcome.

Recent Appraisal

The process of evaluating and interpreting recent events or information.