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What is the total fixed cost in Figure 21.22 Corts (dollars per unit) 120 100 Rate of Output funts per time period) Figure 21
Figure 21.2 Multiple Choice o o О $29,600, o О 59.600. o S10000 « Prev 23 or at ere to search
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Answer #1

Ans) the correct option is c) $ 9,600

Total fixed cost = (ATC - AVC) * quantity

= ( 296 - 200) * 100 = 9600

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