Table 7-5
Stereos produced
0
1
2
3
4
5
6
Total cost (in $)
200
325
410
475
550
660
825
Table 7-5 shows short-run total cost figures for a stereo manufacturer. The manufacturer’s short-run fixed cost is
A. 0.
B. $75.
C. $200.
D. $400.
Answer: C
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