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The Table Given Below Shows the Total Fixed and Variable

Question 72

Multiple Choice

The table given below shows the total fixed and variable costs of a firm.Table 8.3
The table given below shows the total fixed and variable costs of a firm.Table 8.3 -If the firm described in Table 8.3 decides to produce nothing, its: A) total cost will fall to zero. B) total variable cost will be equal to $30. C) total cost will equal $40. D) average total cost will equal zero. E) marginal cost will equal $10.
-If the firm described in Table 8.3 decides to produce nothing, its:


A) total cost will fall to zero.
B) total variable cost will be equal to $30.
C) total cost will equal $40.
D) average total cost will equal zero.
E) marginal cost will equal $10.

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