O-LevelEconomicsThe allocation of resources2281/12 · May/June 2017 · Q151 Mark

The table shows the costs of a firm. [Table 15.1] What is the value of the firm's fixed costs?

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A$10

B$15

C$70

D$85

✓ Correct answer

C: $70

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2017 Paper 1 Variant 2, question 15.

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