The graph below depicts two different types of costs. Questions related to the graph should be answered in the spaces provided:
8110A 100
90 80 70 | 60 50
100 200 300 400 500 600 700 800 900 1,000 1,100 UNITS OF OUTPUT
a. The line H-B represents what type of cost?
b. Production at point J versus point L would
total variable costs
c. Production at point J versus point L would
per unit fixed costs
d. What is a possible reason that line G-A increases at point A to a new horizontal line?
e. What kind of cost is depicted by the line from point G to point A?