Multiple Choice
The formula for total fixed cost is
A) TFC = TC + TVC.
B) TFC = TVC -TC.
C) TFC = TC/TVC.
D) TFC = TC -TVC.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q242: Refer to the information provided in
Q243: Twenty-five students in a class take a
Q244: In the short run where total variable
Q245: Refer to the short-run information provided in
Q246: Economists usually assume that _ is a
Q248: An individual firm's demand curve in a
Q249: If a firm's total costs are $75
Q250: If a perfectly competitive firm is currently
Q251: _ are likely a fixed cost of
Q252: Perfectly competitive firms maximize their profit by