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Exhibit 7-6 -Given the Information in Exhibit 7-6, What Is Fixed Cost

question 189

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Exhibit 7-6
Exhibit 7-6    -Given the information in Exhibit 7-6, what is fixed cost? A)  $0 B)  $200 C)  $500 D)  fixed cost depends on output level E)  we cannot calculate fixed cost without knowing which inputs are fixed
-Given the information in Exhibit 7-6, what is fixed cost?


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