Firms fixed costs double while variable costs are unchanged

Assignment Help Business Economics

Reference no: EM13832638

If the firm's fixed costs double while variable costs are unchanged, then

A) marginal cost remains unchanged.

B) marginal cost more than doubles.

C) marginal cost doubles.

D) average total cost remains unchanged.

Reference no: EM13832638

Questions Cloud

The first member having the higher boiling point : 1. Which pair is written with the first member having the higher boiling point? a) NH3, PH3 b) Ar, I2

Compare the sum of the mixed numbers to the sum of decimial : Compare the sum of the mixed numbers to the sum of the decimals

Marginal cost exceeds marginal revenue-maximizing monopolist : If marginal cost exceeds marginal revenue, a profit-maximizing monopolist will

The original sample of broccoli that was ashed : A sample of ashed broccoli was dissolved in 20.00mL of 2M HCl. This solution was found to have a concentration of 3.27*10^-5 M [Fe(SCN)63-]How many mg of Fe3+ were present in the original sample of broccoli that was ashed?

Firms fixed costs double while variable costs are unchanged : If the firm's fixed costs double while variable costs are unchanged, then

Perfectly inelastic : If we say a good is “perfectly inelastic”, then:

Government actions promotes monopolistic behavior : Which of the following government actions promotes monopolistic behavior?

Conditions allows a monopoly to exist : Which of the following conditions allows a monopoly to exist?

Is this firm making profits : A firm is currently producing 80 units of output. At this level of output produced, P = 150 and ATC = 120. Also assume that MC = 130 and MR is constant at all output levels and equal to 150. Is this firm making profits? If so, what are these profits?

User Account

All Pages