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Lisa [10]
3 years ago
11

Selene owns a craft store. Her total costs are $1.2 million per year, and her variable costs are $750,000 per year. This means t

hat her fixed costs are
Business
1 answer:
iren [92.7K]3 years ago
7 0

Answer:

fixed costs = $450000

Explanation:

given data

total costs = $1.2 million per year

variable costs = $750,000 per year

solution

we get her fixed costs that is express here as

fixed costs = total costs  - variable costs   ...........................1

put here value and we will get fixed costs    

fixed costs = $1.2 million - $750,000  

fixed costs = $1200000 - $750,000  

fixed costs = $450000

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