Which of the graphs in Figure 20-1 illustrates the behavior of a total fixed cost?
A) Graph 2
B) Graph 3
C) Graph 4
D) Graph 1

Name: Which of the graphs in Figure 20-1 illustrates the behavior of a total fixed cost? A) Graph 2 B) Graph 3 C) Graph 4 D) Graph 1
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Question

Which of the graphs in Figure 20-1 illustrates the behavior of a total fixed cost?
A) Graph 2 
B) Graph 3 
C) Graph 4 
D) Graph 1

Quizplus · Accepted Answer

Total fixed cost remains constant regardless of the level of output produced. Graph 1 shows a horizontal line, indicating constant fixed cost.

Which of the Graphs in Figure 20-1 Illustrates the Behavior