Would you expect the following to be high or low in an automated firm: (1) level of fixed costs, (2) level of risk and (3) break-even point?

A) High, high, high
B) Low, high low
C) High, high, low
D) Low, low, high

Level of Fixed Costs

The total amount of costs that do not vary with production volume, such as rent, salaries, and insurance.

Level of Risk

A measure of the uncertainty associated with an investment or decision, often evaluated in terms of the variability of returns or potential for loss.

Break-Even Point

The point at which total costs and total revenue are equal, meaning no net loss or gain, and the business is just covering all its expenses.