Complete Table 21 $\text { Table } 21.5$ Total Fixed Costs in Table 21

question 80

Multiple Choice

Complete Table 21.5:
$\begin{array}{c}\begin{array}{lll}\underline{Q}\\{0} \\1 \\2 \\3 \end{array}\begin{array}{lll}\underline{\mathrm{TFC}}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\end{array}\begin{array}{lll}\underline{\mathrm{TVC}}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\15\\\end{array}\begin{array}{lll}\underline{\mathrm{TC}}\\15\\23\\\underline{\quad\quad}\\\underline{\quad\quad}\\\end{array}\begin{array}{lll}\underline{\mathrm{AVC}}\\--\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\end{array}\begin{array}{lll}\underline{\mathrm{MC}}\\--\\\underline{\quad\quad}\\4\\\underline{\quad\quad}\\\end{array} \end{array}$

$\text { Table } 21.5$ Total fixed costs in Table 21.5 are equal to

• A)$0 because the problem involves the long run.
• B)$15.
• C)$30.
• D)$60.

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