Refer to the data in the attachment.
What are the total fixed costs for this firm?
a) $50 b) $100 c) $600 D) $200 E) $60
Fixed costs are those costs which are incurred irrespective of the production levels.
Its $60 as the Total cost is $60 when there is no revenuees.
Hence the answer is E) $60
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This explains the computation of total fixed costs