For Fixed Costs mark all of the following that are correct:

For Fixed Costs mark all of the following that are correct:  (4 are correct)

  • Are not related to Total Cost
  • Are related to Total Cost
  • Increases output increase
  • Should enter into production level decision
  • Should not enter into production level decision
  • Decreases as output increase
  • Do not change with output
  • Are related to Marginal Cost
  • Are not related to Marginal Cost