When Output Is 100 Units, the Firm's Total Fixed Cost

question 357

Multiple Choice

When output is 100 units, the firm's total fixed cost is $500. What will this firm's total fixed cost be if output doubles to 200 units?

• A) $1,000
• B) $500
• C) $250
• D) Can't tell from the information provided

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Definitions:

Total Dividend Payment

The sum of all dividends paid to shareholders over a specific period, usually expressed on a per share basis.

Stock Split

The division of a company's existing stock into multiple shares to boost the liquidity of the shares.

Total Market Value

The cumulative value of all of a company's shares of stock, or the overall value of a particular market or sector.

Typical Level

The standard or average condition, degree, or amount for something, usually established over time through observation or measurement.