The Lawn Ranger, a Landscaping Company, Has Total Costs of $4,000

question 47

Multiple Choice

The Lawn Ranger, a landscaping company, has total costs of $4,000 and total variable costs of $1,000. The Lawn Ranger's total fixed costs are

• A) $0.
• B) $3,000.
• C) $5,000.
• D) indeterminate because the firm's output level is not known.

---

Definitions:

Sample Space

The collection of every potential result from a statistical experiment.

Itineraries

Detailed plans or routes of a journey.

Major Cities

Urban areas that serve as significant centers of economic, political, cultural, or social influence within a country or region.

Choices

Options or selections from a set of alternatives.