When a firm is producing zero output , total cost equals A. zero. B. variable cost. C. fixed cost. D. average total cost. E. marginal cost

kunikwece

kunikwece

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2022-08-18

When a firm is producing zero output , total cost equals A. zero. B. variable cost. C. fixed cost. D. average total cost. E. marginal cost

Answer & Explanation

doganomyt

doganomyt

Beginner2022-08-19Added 7 answers

Fixed costs do not vary with changes in output. Variable costs vary with the change in output. Variable costs are the same when a firm has zero output so it is also zero. The correct answer is c.
Result:
The correct answer is c.

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