Exhibit 7-6 Output Rent Cost of Materials Labor $200 10 200 100 200 250 100 20 200 200 30 200 300 40 200 350 400 50 200 500 500 4. Given the information in Exhibit 7-6, what is fixed cost? a. S0 b. $200 c. $500 d. Fixed cost depends on output level e. We cannot calculate fixed cost without knowing which inputs are fixed.

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A:

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