Question 1
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow.
Refer to Figure 8.5. If one drone is produced, average fixed costs are
◦ $0.
◦ $50.
◦ $80.
◦ indeterminate from this information.
Question 2
Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow.
Refer to Figure 8.5. If two drones are produced, average fixed costs are
◦ $10.
◦ $20.
◦ $25.
◦ $50.