O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2015 · Q151 Mark

The table shows the information that managers of a company have from a week of business activity. Assuming there are no other costs, what is the value of the fixed costs?

A$300

B$10000

C$20000

D$30000

✓ Correct answer

B: $10000

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2015 Paper 1 Variant 2, question 15.

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