Figure 12-6 -Refer to Figure 12-6.Why Doesn't the Total Cost Curve Begin

question 474

Multiple Choice

Figure 12-6
-Refer to Figure 12-6.Why doesn't the total cost curve begin at the origin (the point 0,0) ?

• A) because variable costs are positive when output is zero
• B) because fixed costs are positive when output is zero
• C) because the firm is producing at the efficient scale
• D) because the firm is maximizing profits

---

Definitions:

Corporate

Pertaining to a large company or group, often characterized by a legal identity distinct from its members.

High-Tech Solutions

Advanced technological methods or products designed to address problems, often involving innovative or cutting-edge technology.

Authoritarian

Characterized by or favoring absolute obedience to authority, often at the expense of personal freedom.

Technical Considerations

Aspects that pertain to the practical implementation, functionality, and efficiency of a project, plan, or device, emphasizing on the 'how-to' aspect.