What is the formula for total fixed cost?
A)TFC = TC + TVC.
B)TFC = TVC - TC.
C)TFC = TC/TVC.
D)TFC = TC - TVC.

Name: What is the formula for total fixed cost? A)TFC = TC + TVC. B)TFC = TVC - TC. C)TFC = TC/TVC. D)TFC = TC - TVC.
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Quizplus · Accepted Answer

The formula for total fixed cost is TFC = TC - TVC, where TFC is total fixed cost, TC is total cost, and TVC is total variable cost. This formula subtracts the total variable cost from the total cost to isolate the fixed portion. Therefore, option D is the best choice.

What Is the Formula for Total Fixed Cost