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Refer to Table 21 Total Fixed Costs in Table 21

Question 42

Multiple Choice

Refer to Table 21.5: Table 21.5
QTFCTVCTC AVC  MC 01512324315\begin{array} { | c | c | c | c | c | c | } \hline \mathrm { Q } & \mathrm { TFC } & \mathrm { TVC } & \mathrm { TC } & \text { AVC } & \text { MC } \\\hline 0 & & & 15 & - & - \\\hline 1 & & & 23 & & \\\hline 2 & & & & & 4 \\\hline 3 & & 15 & & & \\\hline\end{array} Total fixed costs in Table 21.5 are equal to


A) $0 because the problem involves the long run.
B) $15.
C) $30.
D) $60.

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