The total____ curve will be a horizontal line.
a) Variable cost
b) Fixed cost
c) Marginal cost
d) Cost
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Answer:
fixed cost
Explanation:
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The total fixed cost curve will be a horizontal line.
- The total fixed cost curve will always be a horizontal line because the fixed cost is not dependent on any factors and is always constant.
- The fixed cost remains the same and does not change when the total number of output changes.
- Therefore the total fixed cost curve will always remain a horizontal line.
A correct answer is an option (b)
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