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Figure 12-6 -Refer to Figure 12-6.Why Doesn't the Total Cost Curve Begin

Question 355

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Figure 12-6 Figure 12-6 -Refer to Figure 12-6.Why doesn't the total cost curve begin at the origin (the point 0,0) ? A) because variable costs are positive when output is zero B) because fixed costs are positive when output is zero C) because the firm is producing at the efficient scale D) because the firm is maximizing profits
-Refer to Figure 12-6.Why doesn't the total cost curve begin at the origin (the point 0,0) ?


A) because variable costs are positive when output is zero
B) because fixed costs are positive when output is zero
C) because the firm is producing at the efficient scale
D) because the firm is maximizing profits

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