Which Costs Do NOT Vary with the Amount of Output

question 139

Multiple Choice

Which 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:

Partnership Debts

Financial obligations or liabilities that a partnership, as a business entity, is responsible for.

Liability

A legal obligation or responsibility for any debts or damages incurred.

Participate

To take part or become involved in a particular activity, event, or situation.

Partnership Business

A business owned and operated by two or more individuals who share its profits and liabilities.