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Quantity of Keys 100 200 300 400 Total Variable Cost $5,000 $9,000 $12,000 $14,000 Total Cost $10,000 $14,000 $17,000 $19,000

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Answer #1

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fixed cost is fixed at all the output level and it is equal to the total cost at zero units
fixed cost =total cost - total variable cost
at any Q it is same
fixed cost =10000-5000=14000-9000=17000-12000=19000-14000=5000
the fixed cost is $5000

option 4

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