Table 6-B
$$\begin{array} { | c | c | c | c | }
\hline \text { Units af Output } & \begin{array} { c }
\text { Variable Cast } \
\text { (dallars) }
\end{array} & \text { Tatal Cast (dollars) } & \begin{array} { c }
\text { Marginal Cast } \
\text { (dallars) }
\end{array} \
\hline0 & 0& 40 & \
\hline 1 & 30 & 70 & 30 \
\hline 2 & 50 & 90 & 20 \
\hline 3 & 60 & 100 & 10 \
\hline 4 & 80 & 120 & 20 \
\hline 5 & 105 & 145 & 25 \
\hline 6 & 150 & 190 & 45 \
\hline
\end{array}$$
-Refer to Table 6-B.How much are total fixed costs (in dollars)?

Question

Table 6-B
 $$\begin{array} { | c | c | c | c | } 
\hline \text { Units af Output } & \begin{array} { c } 
\text { Variable Cast } \
\text { (dallars) }
\end{array} & \text { Tatal Cast (dollars) } & \begin{array} { c } 
\text { Marginal Cast } \
\text { (dallars) }
\end{array} \
\hline0 & 0& 40 & \
\hline 1 & 30 & 70 & 30 \
\hline 2 & 50 & 90 & 20 \
\hline 3 & 60 & 100 & 10 \
\hline 4 & 80 & 120 & 20 \
\hline 5 & 105 & 145 & 25 \
\hline 6 & 150 & 190 & 45 \
\hline
\end{array}$$
-Refer to Table 6-B.How much are total fixed costs (in dollars)?

Quizplus · Accepted Answer

Total fixed costs are the costs that do not change with the level of output. In this case, total fixed costs are $40.

Table 6-B -Refer to Table 6-B