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Refer to Table 13-7. What is the value of N?


Question 11 1 pts Table 13-7 The Flying Elvis Copter Rides Total Fixed Cost Quantity Average Fixed Variable Marginal Cost Ave

Table 13-7 

The Flying Elvis Copter Rides 

Refer to Table 13-7. What is the value of N?


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The fixed cost of $50 remaind constant with every unit. This is because it is fixed in terms of certain capital equipment which can be used for any number of units produced at the same cost.

Hence, since N is the fixed cost for producing 3 units, it will remain the same regardless of whether no units are produced or 3 units are produced, N = $ 50

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Answer #2

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140 (35*55)
source: math teacher
answered by: anonymous
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