The above table gives some production and cost information for Flaming Fernando's, a restaurant that sells Fiery Frijoles. What is the total fixed cost of producing 4,500 frijoles?

A) $1000
B) $8000
C) $9000
D) More information is needed to determine the answer.

A

Economics

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Brenda says, "You would have to pay me $50 to attend that pro wrestling event." For Brenda, the marginal utility of the event is:

A) zero. B) positive, but declines rapidly. C) negative. D) positive, but less than the ticket price.

Economics

A company will shut down in the short run if it cannot cover its __________ and will exit the industry in the long run if it cannot cover its __________

Fill in the blank(s) with correct word

Economics