Suppose Chris is a potter who makes mugs. His total costs depend on the number of mugs he makes each day, as shown in the accompanying table. $$\begin{array} { | c | c | }
\hline \text { Number d Mugs Per Day } & \text { Tatal Cast Per Day } \
\hline 0 & \$ 10 \
\hline 1 & \$ 14 \
\hline 2 & \$ 19 \
\hline 3 & \$ 25 \
\hline 4 & \$ 32 \
\hline 5 & \$ 40 \
\hline 6 & \$ 49 \
\hline
\end{array}$$
Chris's fixed cost is ________ per day.
A)$0
B)$10
C)$39
D)$49

Question

Suppose Chris is a potter who makes mugs. His total costs depend on the number of mugs he makes each day, as shown in the accompanying table. $$\begin{array} { | c | c | } 
\hline \text { Number d Mugs Per Day } & \text { Tatal Cast Per Day } \
\hline 0 & \$ 10 \
\hline 1 & \$ 14 \
\hline 2 & \$ 19 \
\hline 3 & \$ 25 \
\hline 4 & \$ 32 \
\hline 5 & \$ 40 \
\hline 6 & \$ 49 \
\hline
\end{array}$$  
Chris's fixed cost is ________ per day.
A)$0
B)$10
C)$39
D)$49

Quizplus · Accepted Answer

Fixed costs are costs that do not change with the quantity of output produced. In the table, when 0 mugs are produced, the total cost is $10, indicating that $10 is the fixed cost.

Suppose Chris Is a Potter Who Makes Mugs Chris's Fixed Cost Is ________ Per Day