Total Fixed Cost

question 160

Multiple Choice

Total fixed cost:

• A) is the sum of all expenses which are closely related to output.
• B) is the sum of those costs which do not change in total no matter how much is produced.
• C) may vary in the short run-but is more or less fixed in the long run.
• D) is the sum of all costs of manufacturing and distributing a product.
• E) would be zero if the quantity produced were zero.

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Definitions:

Servers

Computers or computer programs that provide services to other computer programs (and their users) in a network.

.Pst File

A file format used by Microsoft Outlook to store a user's email messages, contacts, calendar events, and other personal information locally on their computer.

Stored

Held or accumulated in a storage space or medium.

Wholesome Effect

Enhancing or promoting a positive, healthy, or morally good impact or outcome.