Which of the following countries experienced the lowest level of output per capita in 2011?

Refer to the table above. What is the marginal rent cost if the firm decides to choose factory Far over factory Very Far?

A) $40 B) $100 C) $150 D) -$150

Refer to Figure 11-7. If output is 100 units what is the fixed cost of production?

A) $8 B) $800 C) $1,000 D) This cannot be determined from the diagram.