Figure 7-5
-Total fixed cost
A)varies with the level of output.
B)has a downward-sloping curve.
C)has an upward-sloping curve.
D)is constant at all levels of output.

Name: Figure 7-5 -Total fixed cost A)varies with the level of output. B)has a downward-sloping curve. C)has an upward-sloping curve. D)is constant at all levels of output.
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Question

Figure 7-5 
-Total fixed cost
A)varies with the level of output. 
B)has a downward-sloping curve. 
C)has an upward-sloping curve. 
D)is constant at all levels of output.

Quizplus · Accepted Answer

Total fixed cost is constant at all levels of output. This means that the fixed costs remain the same regardless of the level of production or sales.

Figure 7-5 -Total Fixed Cost