If ATC is $4 when q = 37, then fixed costs are:

Supporting Materials

Group of answer choices

$77.70

$70.30

$148

$81.40

Figure 21.1 Price or Cost (dollars/bushel) MC a ATC 4.90 C AVC 3.90 d e/ lg 3.10 h m k 1 1.90 n 1.10 P 0 13 18 24 37 46 50 54 Quantity (thousands of bushels/year)