TFC is total fixed cost, TVC is total variable cost. Calculate the total cost at each unit of production. You can copy the table and paste in the answer box. hint: You need to complete the boxes for total fixed cost units TFC TVC
Total Cost

0 $100 $0
1 50
2 80
3 110
4 150
5 200
6 270

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.