Through the attached table of one of the facilities, answer the attached questionstotaltheprofit total costprice Quantityrevenue-20200 30282828124052 262185472 243.196988224.1288100205Firm's fixed costsSelect one:O a. 20O b. 0O C.20-O d. 30 The branch of economics that examines the functioning of individual industriesand the behavior of individual decision-making units isSelect one:a. normative economics.O b. macroeconomics.C. positive economics.d. microeconomics.

A fixed cost is one that does not fluctuate when the quantity of products or services produced or…

Answered: Firm's fixed costs

Business

Economics

Firm's fixed costs

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 27RQ: What is the difference between economies of scale, constant returns to scale, and diseconomies of...

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The branch of economics that examines the functioning of individual industries
and the behavior of individual decision-making units is
Select one:
a. normative economics.
O b. macroeconomics.
C. positive economics.
d. microeconomics.

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