In the above table, the total fixed cost is
A) $0.
B) $20.
C) $30.
D) $50.
C
You might also like to view...
The Taylor Rule specifies that the federal funds rate target should be equal to
A) 0.5 ( inflation rate) + 1.5 (GDP gap) + 1 B) 1.5 (inflation rate) + 0.5 (GDP gap) + 1. C) interest rate - expected inflation rate. D) equilibrium federal funds rate + inflation rate +1
To an economist, maximizing profit is:
A. maximizing the value of the firm. B. minimizing the future risks. C. maximizing the current year's profits. D. minimizing the permanent total costs.
When the housing bubble popped, the effect of the negative demand side shock and the negative supply side shock were the same on:
A. output, causing it to definitely decrease. B. prices, causing them to definitely rise. C. output, causing it to definitely increase. D. prices, causing them to definitely fall.
When cash or coins are initially deposited into a bank,
A. The composition of the money supply changes, but the size of the money supply does not change. B. Neither the composition nor the size of the money supply changes. C. Both the composition and the size of the money supply change. D. The composition of the money supply does not change, but the size of the money supply does change.