Question

assum that you are an enterepreneur of a total what are the fixed & variable cost to be carried out in that business​

Answer 1

Answer:

Explanation:

Fixed costs refer to costs that are stable regardless of the production that a company produces, but variable costs refer to costs that vary or change with the production volume. License fees. Insurance premiums.

Answer 2

Fixed costs are expenses that have to be paid by a company, independent of any specific business activities. This means fixed costs are generally indirect, in that they don't apply to a company's production of any goods or services. Companies can generally have two types of costs—fixed costs or variable costs—which together result in their total costs.

A variable cost is a corporate expense that changes in proportion to how much a company produces or sells. Variable costs increase or decrease depending on a company's production or sales volume—they rise as production increases and fall as production decreases. ... A variable cost can be contrasted with a fixed cost.

Source - Investopedia

Hope that helps!