26 of 80 > a. Indicate which items below are fixed costs and which are variable costs for a university. Fixed costs upkeep of university grounds land and building rent maintenance of research facilities Answer Bank Variable costs compensation of adjunct teachers salaries and benefits of tenured faculty cafeteria staff compensation Question 26 of 80 Answer Bank b. Your answers in part a suggest that fixed costs constitute a relatively average total cost. share of a university's short-run c. Given your answer in part b, if a university operates where short-run average total cost is minimized, what will happen to the average cost per student if the university experiences a decline in enrollment? It will fall. It will be unaffected. It will rise substantially. It will rise modestly