Question

Question 4 (1 point)
Table 15-1: Cost Data
Quantity of Output Variable Cost
Total Cost
0
0
50
1
50
100
2
80
130
3
90
140
4
120
170
5
125
175
6
160
210
7
180
230
Using table 15-1, what is the value of fixed cost for this firm?
O a
$130
Oь
$50
Oc
50
Od
$230

Answer 1

Answer:

180 220

Explanation:

Please select the best answer from the choices provided.