Given the information in the table, fixed costs are
$\begin{array}{|l|l|l|l|}
\hline \boldsymbol{Q} & \boldsymbol{T C} & \boldsymbol{M C} & \boldsymbol{A V C} \
\hline 0 & 200 & - & - \
\hline 2 & 400 & & 100 \
\hline 5 & 600 & 66.67 & 80 \
\hline 9 & 800 & 50.00 & \
\hline 12 & 1000 & 66.67 & 66.67 \
\hline 14 & 1200 & 100 & 71.43 \
\hline 15 & 1400 & 200 & 80.00 \
\hline
\end{array}$

Question

Quizplus · Accepted Answer

Fixed costs are costs that do not change with the level of output. They can be determined by looking at the total cost (TC) when the quantity (Q) produced is zero. In the table, when Q is 0, TC is $200, indicating that the fixed costs are $200.

Given the Information in the Table, Fixed Costs Are A) Indeterminate Without Additional Information