What is the total fixed cost in Figure 21.2?
A) $80.
B) $10,000.
C) $9,600.
D) $29,600.

Name: What is the total fixed cost in Figure 21.2? A) $80. B) $10,000. C) $9,600. D) $29,600.
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Question

What is the total fixed cost in Figure 21.2?
A) $80. 
B) $10,000. 
C) $9,600. 
D) $29,600.

Quizplus · Accepted Answer

In Figure 21.2, the total fixed cost is represented by the vertical distance between the y-axis and the total cost curve at zero output level. This vertical distance is $9,600, which corresponds to the intercept of the total cost curve. Therefore, the correct answer is (C) $9,600.

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