This firm's fixed costs are
A) zero.
B) $100.
C) $230.
D) cannot be determined without specifying the output level.

Question

Quizplus · Accepted Answer

Fixed costs are the costs that do not change with the level of output. Since the question does not provide specific details about the firm's costs or output levels, the correct answer cannot be determined from the information given. However, assuming this question is based on a specific context or data provided earlier that mentions a firm having fixed costs of $100, then the correct answer would be B) $100. Without additional context or data, this explanation is based on the assumption that $100 is the fixed cost mentioned elsewhere in the scenario.

This Firm's Fixed Costs Are