In a diagram with the total cost curve and the total variable cost curve, as output increases, the vertical distance between these two curves
A) is constant.
B) decreases.
C) increases.
D) gets smaller and then bigger again.

Question

Quizplus · Accepted Answer

The vertical distance between the total cost curve and the total variable cost curve represents total fixed costs, which remain constant as output increases.

In a Diagram with the Total Cost Curve and the Total