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Question 26 (1 point) THI MC $12 $11 $10 $9 $8 $7 $6 ATC Cost of Flashlights AVC $3 $2 $1 $0 0 1 2 8 9 10 3 4 5 6 7 Quantity
The above graph shows the average total cost (ATC) marginal cost (MC) and average variable cost (AVC) for a flashlight produc
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Answer #1

Answer
Q=5
ATC=5
AVC=3
AFC=ATC-AVC=5-3=2
FC=AFC*Q
=2*5
=$10
the total fixed cost is $10
Option 3

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