GE has fixed costs of $13B and variable costs for the year of $8B.Their total costs are:
A)$21B
B)$13B
C)$5B
D)there is not enough information to calculate

Name: GE has fixed costs of $13B and variable costs for the year of $8B.Their total costs are: A)$21B B)$13B C)$5B D)there is not enough information to calculate
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Question

Quizplus · Accepted Answer

The total costs for the year can be calculated by adding the fixed costs and the variable costs. Thus, total costs = $13B + $8B = $21B. Therefore, the best choice is A.

GE Has Fixed Costs of $13B and Variable Costs for the Year