A firm is producing 200 units of output at a total cost of 1,000 ...

[nevelica]

A firm is producing 200 units of output at a total cost of 1,000 . The firm's average variable cost equals 4 per unit. Total fixed cost:
 a. equals 1,000.
  b. equals 800.
 c. equals 200.
 d. equals 2.

Question 2

Mutual funds that invest only in companies that meet certain criteria and usually exclude companies that produce tobacco, weapons, or alcoholic beverages are known as:
 a. socially responsible funds.
  b. global funds.
  c. equity funds.
  d. fixed-income funds.
  e. money market funds.

[perkiness]

Answer to Question 1

c

Answer to Question 2

a