A Firm's Total Fixed Cost Is $100

question 61

Multiple Choice

A firm's total fixed cost is $100.If total cost is $200 for one unit of output and $310 for two units,what is the marginal cost of the second unit?

• A)$100
• B)$110
• C)$200
• D)$210
• E)$310

---

Definitions:

Fraud Investigation

The process of examining activities to identify and investigate instances of fraudulent conduct.

Duty to Disclose

A legal obligation requiring a party to reveal relevant information to others, often in the context of transactions, negotiations, or legal proceedings.

Insurance Application

An insurance application is a document or digital form submitted by an individual seeking to obtain an insurance policy, detailing personal information and risks for insurer evaluation.

Insurance Types

Various classifications of insurance policies including but not limited to health, life, auto, and property insurance, each designed to cover specific risks and financial losses.