Question: Table Quantity Total cost Variable cost Fixed cost 0 20 0 20 - 30 10 20 2 39 19 20 3 47 27 20 54

 Table Quantity Total cost Variable cost Fixed cost 0 20 020 - 30 10 20 2 39 19 20 3 47 27
20 54 34 20 5 58 38 20 6 64 44 2071 51 20 8 85 65 20 9 100 80 20 10

Table Quantity Total cost Variable cost Fixed cost 0 20 0 20 - 30 10 20 2 39 19 20 3 47 27 20 54 34 20 5 58 38 20 6 64 44 20 71 51 20 8 85 65 20 9 100 80 20 10 120 100 20 Use Table to select the correct answer from the choices given. Before incurring fixed costs, Firm A found that the price of a good is 10. Fixed costs are all sunk costs. a. Firm A should incur fixed costs and start producing. b. Firm A should not incur fixed costs and should not start producing.Table Quantity Total cost Variable cost [\\J O [\\J O 00 O _\\ O M O 00 (.0 _x (.0 M C) 4:. \\I [\\J \\l M O co 4:. [\\J O O) 4:. 4:. 4:. [\\J O \\l _\\ 0'1 _1 M O 00 O1 0) 0'1 [\\J O M O 01 p. m _-__ __ __ __ __ __ __ __ _-__ __ M C) Use Table to select the correct answer from the choices given. After incurring fixed costs, Firm A found that the price of a good is 10. Fixed costs are all sunk costs. [:1 a. Firm A should start producing. C] b. Firm A should not start producing

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