Suppose a Firm Has $1,000,000 in Fixed Costs and Variable

question 59

Multiple Choice

Suppose a firm has $1,000,000 in fixed costs and variable costs equal to $100 for every unit they produce,

• A)their marginal costs are decreasing.
• B)their average costs are decreasing.
• C)their fixed costs are decreasing.
• D)the marginal costs are increasing.

---

Definitions:

Form Events

Actions or occurrences that happen during the lifecycle of a form, such as clicking a button or entering data.

On Load

Refers to actions or events that occur automatically when a software application, webpage, or system starts up or loads.

Before Print

A setting or action taken to review, adjust, or prepare a document before sending it to a printer, ensuring that the final output meets the desired specifications.

Syntax Error

A mistake in the code that violates the grammatical rules of the programming language, preventing the program from executing correctly.