Use the following to answer questions :
Figure 7-2
-In Figure 7-2, what are total fixed costs at Q = 2?
A)5
B)10
C)13.75
D)15
E)None of the above.

Name: Use the following to answer questions : Figure 7-2 -In Figure 7-2, what are total fixed costs at Q = 2? A)5 B)10 C)13.75 D)15 E)None of the above.
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Question

Use the following to answer questions :
Figure 7-2 
-In Figure 7-2, what are total fixed costs at Q = 2?
A)5 
B)10 
C)13.75 
D)15 
E)None of the above.

Quizplus · Accepted Answer

Total fixed costs remain constant regardless of the quantity produced. If the fixed costs are $10, they will remain $10 at any level of output, including Q = 2.

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