The table above shows three production methods to produce 100 ...

[Caiter2013]

The table above shows three production methods to produce 100 automobiles per day. Which of the three methods is technologically efficient?
 
  A) Method A only
  B) Method B only
  C) Method C only
  D) Method A, B and C are all technologically efficient.

Question 2

In the above table, the firm's total fixed cost of production is
 
  A) 3.00.
  B) 4.00.
  C) 7.00.
  D) 29.00.

[14vl19]

Answer to Question 1

D

Answer to Question 2

B