Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. If twelve microwave ovens are produced, Micro Oven's total fixed costs are
A. $25.
B. $41.67.
C. $50.
D. $300.
Answer: D
You might also like to view...
Rationally, search should continue until:
A. the marginal cost of search is zero. B. all search options have been explored. C. the marginal benefit of search equals the marginal cost of search. D. the marginal benefit of search is zero.
Which of the following is inconsistent with monopoly?
a. a single seller b. economies of scale c. free entry and exit d. selling in the elastic portion of the demand curve in order to maximize profits
The amount of money in an economy that people can invest is equal to:
A. their income. B. the value of their output. C. the value of consumption after gains from trade have been made. D. their savings.
According to the natural rate hypothesis, the natural rate of unemployment is largely dependent on the stimulus provided by monetary or fiscal policy
Indicate whether the statement is true or false