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…

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Firm's fixed costs

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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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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