Which curve shows the fixed cost curve for Helpful Homework? Workers at Helpful
ID: 1250827 • Letter: W
Question
Which curve shows the fixed cost curve for Helpful Homework?
Workers at Helpful Homework, Inc.write supplementary problem sets for students who need help outsideof school. Helpful Homework, Inc. has signed a one-year lease onits office that requires it to pay monthly rent. The rent for theoffice is $1,900 per month. The firm has no other fixed costs. Thetable below shows Helpful Homework's total cost for a month ofproduction. Use the available data and the table below to answerthe following question.
Rate ofOutput
(Problem sets per month) TotalCost
(Dollars per month) 5 2,000 10 2,100 15 2,300 20 2,600 25 3,000 30 3,500 35 4,100 40 5,000 45 6,500 50 8,500
Explanation / Answer
Is this aplia.com online course? anyway, Your fixed cost, rent,is 1900 dollars a month. WHich curve illustrates this? Curve M, sothe answer is A.
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