Answer the Question on the Basis of the Following Cost

question 221

Multiple Choice

Answer the question on the basis of the following cost data. $\begin{array} { | c | c | c | } \hline \text { Output } & \text { Average Fixed Cost } & \text { Average Variable Cost } \\\hline 1 & \$ 50.00 & \$ 100.00 \\\hline 2 & 25.00 & 80.00 \\\hline 3 & 16.67 & 66.67 \\\hline 4 & 12.50 & 65.00 \\\hline 5 & 10.00 & 68.00 \\\hline 6 & 8.37 & 73.33 \\\hline 7 & 7.14 & 80.00 \\\hline 8 & 6.25 & 87.50 \\\hline\end{array}$ If the firm closed down in the short run and produced zero units of output, its total cost would be

• A) $0.
• B) $50.
• C) $150.
• D) $100.

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Definitions:

Object-oriented Program Design

Involves utilizing principles of object-oriented programming to create structured and modular programs using objects, classes, inheritance, polymorphism, and encapsulation.

Procedural Program Design

Procedural Program Design is a programming paradigm that uses procedures or routines to perform tasks, focusing on the sequence of executable statements to change the program's state.

C++

C++ is a high-level programming language developed by Bjarne Stroustrup as an extension of the C programming language, known for its object orientation and generic programming features.

Procedural Programs

Programs based on the procedural programming paradigm, which use procedures or routines to perform tasks or calculations.