Total fixed cost A) increases as output increases. B) does ...

[meagbuch]

Total fixed cost
 
  A) increases as output increases.
  B) does not change as output changes.
  C) decreases as output increases.
  D) initially decreases and then increases as output increases.

Question 2

Greg and Todd form a partnership and start a business in which each has a 50 percent share of the profit. After a year, the firm goes bankrupt and has debts of 20,000. Greg has no money, but Todd has 25,000 in the bank.
 
  Todd must pay ________ of debt. A) 0 because in a partnership each partner must pay the same
  B) 0 because partners in a partnership have limited liability
  C) half, or 10,000
  D) 20,000

[yeungji]

Answer to Question 1

B

Answer to Question 2

D