-Use the above figure. The TFC at output level 10 is
A) $10.
B) $3.
C) $2.
D) $1.

Name: -Use the above figure. The TFC at output level 10 is A) $10. B) $3. C) $2. D) $1.
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Question

-Use the above figure. The TFC at output level 10 is
A) $10. 
B) $3. 
C) $2. 
D) $1.

Quizplus · Accepted Answer

Total Fixed Cost (TFC) is constant and does not change with the level of output. If the TFC is given as $10, it remains $10 regardless of the output level.

-Use the Above Figure