A Firm Has a Fixed Cost of $700 in Its

question 170

Multiple Choice

A firm has a fixed cost of $700 in its first year of operation. When the firm produces 99 units of output, its total costs are $4,000. The marginal cost of producing the 100th unit of output is $200. What is the total cost of producing 100 units?

• A)$42
• B)$900
• C)$4,200
• D)$4,900

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Definitions:

Disableism

Discrimination or prejudice against individuals with disabilities.

Disability Reaction

This term refers to the societal and individual responses and attitudes toward disabilities, encompassing a range of actions from accommodation and support to discrimination and exclusion.

Seniors

Elderly individuals, often defined as people who are 65 years of age or older, who may experience varying levels of dependency, health issues, and societal roles.

Health Care Facilities

Institutions providing patient treatment with specialized medical and nursing staff and medical equipment.