When output is 500, fixed costs equal $5,000 and variable costs equal $10,000. What will total costs be?
A) $5,000
B) $10,000
C) $15,000
D) $500

Name: When output is 500, fixed costs equal $5,000 and variable costs equal $10,000. What will total costs be? A) $5,000 B) $10,000 C) $15,000 D) $500
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Question

Quizplus · Accepted Answer

Total costs = Fixed costs + Variable costs
Total costs = $5,000 + $10,000
Total costs = $15,000

When Output Is 500, Fixed Costs Equal $5,000 and Variable