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The formula for total fixed cost is a tf c t c tvc b

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The formula for total fixed cost isA)TFC =TC +TVC. B)TFC =TVC ‐C)TFC =TC/TVC. D)TFC =TC ‐TVCTC..
Total cost is calculated as
The Lawn Ranger, a landscaping company, has total costs of $5,000 and total variable costs of$1,000. The Lawn Ranger s total fixed costs areʹʹ
A dairy company, Farley Farm, has total costs of $10,000 and total variable costs of $3,000.Farley Farm s total fixed costs areʹ
Amy spends $6,000 on remodeling a storefront that she then opens as a take‐out deli. Afteropening her deli her business is terrible and she needs an additional $2,000 to keep the deliopen. Which of the following is TRUE?A) The $6,000 Amy spent on remodeling represents a part of the total variable cost of herbusiness.B) The $6,000 Amy spent on remodeling represents a sunk cost of her business.C) The $2,000 Amy needs to keep the deli open represents her marginal costs of production.D) The $2,000 Amy needs to keep the deli open represents her total fixed costs.
Dana spends $10,000 on remodeling a storefront that she then opens as a shoe store. Herbusiness has not been very successful, and she needs an additional $3,000 to keep the shoestore open. Which of the following is TRUE?
The formula for average fixed costs is.
Average fixed costs

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