Which of the Following Costs Do Not Vary with the Amount

question 535

Multiple Choice

Which of the following costs do not vary with the amount of output a firm produces?

• A)average fixed costs
• B)fixed costs and average fixed costs
• C)marginal costs and average fixed costs
• D)fixed costs

---

Definitions:

Money Supply

The full quantification of financial means in an economy at a certain point in time, including tangible currency like coins and notes and virtual balances in checking and savings accounts.

Interest Rates

The percentage of a sum of money charged for its use, influencing investment and consumption in the economy.

Investment Spending

Expenditures on new physical capital, such as buildings and machinery, and on inventory investments by businesses, contributing to economic output.

Gross Domestic Product

The total financial or market valuation encompassing all finished goods and services produced within a nation's borders in a designated period.