The Figure Given Below Shows Cost Curves of a Firm

question 42

Multiple Choice

The figure given below shows cost curves of a firm. Figure: 7.2
- In the figure,
|: Marginal cost curve
||: Average total cost curve
|||: Average variable cost curve
Refer to Figure 7.2.At an output level of H,total fixed cost is:

• A)SR.
• B)LK.
• C)BE.
• D)area BEMN.
• E)area 0EMH.

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Definitions:

Array Index

An array index is a numerical or integral value used to identify and access a specific element within an array.

Nonnegative Integer

An integer that is either greater than or equal to zero, including all positive integers and zero.

Alpha

Alpha often refers to the level of transparency of a pixel in computer graphics, with a range from full transparency to full opacity.

Beta

A phase in software development where features are complete but the software may still contain bugs; it follows the alpha phase and precedes the final release.