The above table gives some production and cost information for Flaming Fernando's, a restaurant that sells Fiery Frijoles. What is the total fixed cost of producing 4,500 frijoles?
A) $1000
B) $8000
C) $9000
D) More information is needed to determine the answer.
A
You might also like to view...
A government surplus is
A) when it spends more than its income. B) when it owes more than what it is owed. C) when its income is higher than its spending. D) when it is owed more than what it owes.
The field of macroeconomics studies ______ and microeconomics studies ______.
A. economic aggregates; individual markets B. individual markets; economic aggregates C. international variables; variables within a single economy D. variables within a single economy; international variables
If the demand for labor decreases and the supply of labor is unchanged, then the opportunity cost of leisure will decrease
a. True b. False Indicate whether the statement is true or false
The national defense of the United States is not rival because
a. my enjoyment of the national defense does not diminish your enjoyment of the national defense of the United States. b. my enjoyment of the national defense does diminish your enjoyment of the national defense of the United States. c. once the nation is defended, it is impossible to prevent any single person from enjoying the benefit of this defense. d. once the nation is defended, it is possible to prevent any single person from enjoying the benefit of this defense.