If the firm's total costs are $2,200,000 and total variable costs are $1,300,000, what are the total fixed costs?
A) 900,000
B) 1,200,000
C) 4,500,000
D) None of the above.

Name: If the firm's total costs are $2,200,000 and total variable costs are $1,300,000, what are the total fixed costs? A) 900,000 B) 1,200,000 C) 4,500,000 D) None of the above.
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Question

Quizplus · Accepted Answer

Total fixed costs are calculated by subtracting total variable costs from total costs, which is $2,200,000 - $1,300,000 = $900,000.

If the Firm's Total Costs Are $2,200,000 and Total Variable