Lo 2.2total costs for abc distributing are $250,000 when the activity level is 10,000 units. if variable costs are $5 per unit, what are their fixed costs?

$240,000
$200,000
$260,000
their fixed costs cannot be determined from the information presented.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Atrough in the business cycle occurs when

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively