This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.
ScanSolve AI Answer
Step 1: Solve Question 1. Authorized capital is the maximum capital a company is allowed to raise. Issued capital is the portion of the authorized capital that has been offered to the public for subscription. The correct option is C. C. Issued capital. Step 2: Solve Question 2. The graph shows Total Cost (TC) and Total Variable Cost (TVC). When output is zero, TVC is zero. At this point, TC represents the Total Fixed Cost (TFC). From the graph, when output is 0, TC is 4,000 FCFA. Therefore, TFC = 4,000 FCFA. The question is poorly phrased but likely refers to the TFC. The correct