The equation for total fixed costs is
A)y = f.
B)y = vx + f.
C)y = vx - f.
D)none of the above.

Name: The equation for total fixed costs is A)y = f. B)y = vx + f. C)y = vx - f. D)none of the above.
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Quizplus · Accepted Answer

The equation for total fixed costs is y = f. This is because total fixed costs do not vary with any changes in the level of output, hence the equation does not have a variable component.

The Equation for Total Fixed Costs Is