-The vertical distance between the total cost curve and the total variable cost curve is equal to
A) marginal cost.
B) average fixed cost.
C) total fixed cost.
D) average variable cost.
E) average total cost.

Question

-The vertical distance between the total cost curve and the total variable cost curve is equal to
A) marginal cost. 
B) average fixed cost. 
C) total fixed cost. 
D) average variable cost. 
E) average total cost.

Quizplus · Accepted Answer

The vertical distance between the total cost curve and the total variable cost curve represents the total fixed cost, as fixed costs do not change with the level of output and are thus constant across all levels of output.

-The Vertical Distance Between the Total Cost Curve and the Total