What happens to the difference between Total Cost and Total Variable Cost as output is increased?

What happens to the difference between Total Cost and Total Variable Cost as output is increased?

Monjur Alahi

4 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

The difference between Total Cost and Total Variable Cost is Total Fixed Cost, which remains the same whether the output produced is 1 unit or 100 units.

4 views Answered 2023-02-05 15:29

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