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प्रश्न
At what level of production is total cost equal to total fixed cost?
उत्तर
At 0 level of production, the total cost of production is equal to the total fixed cost. This is because at 0 level of production, the variable cost is 0.
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Cost - Total Fixed Cost
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संबंधित प्रश्न
Complete the following cost schedule :
| Quantity (in Units) | 0 | 1 | 2 | 3 | 4 |
| Total cost (in ₹) | 200 | ....... | ....... | ....... | ....... |
| Total variable cost (in ₹) | 0 | ....... | 180 | ....... | ....... |
| Average variable cost (in ₹) | ....... | 100 | ....... | 80 | ....... |
Answer the following question.
Why is the Total Fixed Cost curve parallel to the horizontal axis (x-axis)?
