--%>
Assignment Help - homework help

Total fixed cost

Total fixed cost:

1. Fixed cost remains constant at each level of output ie it do not change with change in quantity.
2. It can not be zero when output is zero.
3. Its curve is parallel to X-aixs
4. Example :- Rent, wages of permanent staff.

   Related Questions in Microeconomics

  • Q : Competition in output and resource

    The purely competitive model means that competition in both output and resource markets yields a distribution of income that is proportional to the: (w) numbers of people in specific households. (x) effort and leisure sacrificed throu

    		•
  • Q : Procedure of transforming predictable

    The procedure of transforming predictable income streams in wealth is termed as: (1) capitalization. (2) profiteering. (3) financial alchemy. (4) capitalism. (5) asset conversion. Can someone explain/help me with b

    		•
  • Q : Employed Currency in 1700s In 1700s

    In 1700s what currency was employed?

    		•
  • Q : Workers in monopsonistic labor markets

    I have a problem in economics on Workers in monopsonistic labor markets. Please help me in the following question. The workers in monopsonistic labor markets receive salaries: (i) That barely cover the subsistence. (ii) Beneath the value of marginal p

    		•
  • Q : Legal doctrine in Laws and Regulations

    Whenever goods are non-standardized and rarely purchased by an individual, an assumption that the sellers will contain superior knowledge of the product characteristics is an argument for applying the authorized doctrine of: (1) Caveat emptor. (2) Nolo contendere. (3)

    		•
  • Q : Cost functions I can't able to discover

    I can't able to discover the solution of this question .Help me to get answer of this question so that I can complete my assignment. Why is the factor input demand functions utilized to construct cost functions?

    		•
  • Q : Neoclassical and heterodox One of my

    One of my friends can't succeed to get the answer of this question. Provide answer of this question. Economists of neoclassical argue that goods contain just subjective (or personal) use-value dimension; heterodox economists argue that goods contain use-value and soci

    		•
  • Q : Laws and Regulations-caveat emptor I

    I have a problem in economics on Laws and Regulations-caveat emptor. Please help me in the following question. The Latin phrase which means ‘let the buyer beware is: (1) Caveat emptor. (2) Laissez-faire. (3) Fiat justitia and ruat coelum. (4) Epluribus unum. (5)

    		•
  • Q : Change in Supply versus change in

    Assume that a screen at the front of this room exhibits a graph of supply curve for ice-cream. The shift of this supply curve away from the center of our Earth would replicate: (i) A raise in the quantity of ice-cream demanded. (ii) A reduction in the supply of ice-cr

    		•
  • Q : Market Power and the Demand for Labor

    Can someone help me in finding out the right answer from the given options. The lack of competition in the product market outcomes in: (1) Less labor being hired than when the markets were competitive. (2) More labor being hired than when the markets were competitive.

    		•