Concept:Total fixed cost is the cost that does not change with the level of output. It is equal to the total cost when no output is produced.
Explanation:Total cost is expressed as
TC=FC+VC, where
FC is fixed cost and
VC is variable cost.
At zero output, production has not started, so variable cost is zero:
VC=0.
Substituting into the formula,
TC=FC+0=FC.
Thus, the fixed cost can be read directly from the table at quantity
0.
The table shows that when quantity is
0, total cost is
$20.
Therefore, total fixed cost is
$20.
Even when output increases, the fixed cost remains
$20; only variable cost changes with output.
Hence, the correct option is C.
Answer:C.
$20.00