Total cost:
A) increases directly with increases in total variable cost.
B) is zero at zero output.
C) is fixed in total no matter how much is produced.
D) increases directly with increases in total fixed cost.
E) None of these alternatives is correct.

Question

Quizplus · Accepted Answer

Total cost increases directly with increases in total variable cost because total cost is the sum of total fixed cost and total variable cost.

Total Cost