use the table to answer the following question quantity total cost 0 20 1 25 2 28 3 30 4 38 5 55 6 92 7 135 the total fixed cost is?

Answer Details

The total fixed cost is $20.00. Fixed cost is a cost that does not change with the level of production or the quantity of goods produced. In the given table, the total cost increases as the quantity produced increases. However, when the quantity produced is zero (0), the total cost is still $20.00. This means that regardless of the quantity produced, the business incurs a fixed cost of $20.00. Therefore, the correct answer is $20.00.