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Author Question: A firm is producing 200 units of output at a total cost of 1,000 . The firm's average variable cost ... (Read 210 times)

nevelica

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


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