Question

Fixed costs are fixed with respect to changes in group of answer choices output. time. capital expenditure. wages.

Answer 1

Fixed costs are fixed with respect to changes in Output.

What is a Fixed Cost?

A cost that remains constant regardless of how many units of products or services are produced or sold is referred to as a fixed cost. Fixed costs are outlaid that a business must cover regardless of the particular commercial activities it engages in. As a result, fixed expenses are typically indirect because they don't relate to the creation of any goods or services by a corporation. Companies often have two sorts of costs: fixed costs and variable costs, which add up to their overall costs. Shutdown points are frequently used to cut fixed costs.

Therefore, Fixed costs are fixed with respect to changes in Output.

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Question: Fixed costs are fixed with respect to changes in Output.

A) output.

B) capital expenditure.

C) wages.

D) time.