Nazli’s Kitchen makes doner kebabs (a traditional Turkish dish) and has a total cost function given...

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Nazli’s Kitchen makes doner kebabs (a traditional Turkish dish) and has a total cost function given...

Nazli’s Kitchen makes doner kebabs (a traditional Turkish dish) and has a total cost function given by TC=50+3Q^2, where Q is the quantity of doner kebabs. Nazli’s Kitchen’s fixed cost of production is

A. 0

B. 50

C. 3Q^2

D. 50+3Q^2

business economics

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Answer 1

Answer #1

Ans) the correct option is B. 50

Fixed cost is a part of total cost which is independent of output.

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Answer 2

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