The Fairlane Farm has total costs of $15,000 and total variable costs of $2,000.The Fairlane Farm's total fixed costs are _________.

A) $13,000
B) $0
C) $17,000
D) $15,000

Total Costs

The aggregate amount of spending involved in generating goods or services, factoring in both stable and changeable costs.

Variable Costs

Variable costs are expenses that vary directly with the level of production or sales volume, such as materials and labor.