Maria's sandwich shop finds that when it caters 45 meals a week, its total cost is $8,500. If Maria has total variable cost of $6,500, what is Maria's total fixed cost? Select one: O a $1,500 O b. $2,000 OC. $6,500 O d. $8,500

Maria's sandwich shop finds that when it caters 45 meals a week, its total cost is $8,500. If Maria has total variable cost of $6,500, what is Maria's total fixed cost? Select one: O a $1,500 O b. $2,000 OC. $6,500 O d. $8,500

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Maria's sandwich shop finds that when it caters 45 meals a week, its total cost is $8,500. If Maria has
total variable cost of $6,500, what is Maria's total fixed cost?
Select one:
Oa. $1,500
O b. $2,000
O c. $6,500
Od. $8,500

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