The Lawn Ranger, a Landscaping Company, Has Total Costs of $5,000

Multiple Choice

The Lawn Ranger, a landscaping company, has total costs of $5,000 and total variable costs of $1,000. The Lawn Ranger's total fixed costs are

A) $0.
B) $4,000.
C) $6,000.
D) indeterminate because the firm's output level is unknown.