If the total cost of a firm is $500 when output is zero, $1000 when output is 10 and $1400 when output is 20, the fixed cost is equal to

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     $1,000.
      $900.
      $500.
      None of the above.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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$500.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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