Assume that in the short run a firm is producing 100 units of output, has average total costs of $200, and has average variable costs of $150. the firm's average fixed costs

a. $5,000
b. $500
c. $50
d. $0.5

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

The simple interest in a loan of $200 at 10 percent interest per year is

Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400