Figure 11-7 Figure 11-7 Shows the Cost Structure for a Firm

question 247

Multiple Choice

Figure 11-7

Figure 11-7 shows the cost structure for a firm.
-Refer to Figure 11-7.If output is 100 units, what is the fixed cost of production?

• A)$800
• B)$1,200
• C)$1,600
• D)This cannot be determined from the diagram.

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