If a firm produces nothing, which of the following costs will be zero?
A) total cost
B) fixed cost
C) opportunity cost
D) variable cost

Name: If a firm produces nothing, which of the following costs will be zero? A) total cost B) fixed cost C) opportunity cost D) variable cost
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Question

Quizplus · Accepted Answer

Variable costs are costs that vary with the level of output. If a firm produces nothing, variable costs will be zero because they are directly tied to production levels.

If a Firm Produces Nothing, Which of the Following Costs