Economy, asked by arooba51, 1 month ago

costs that do not vary (change) with the quantity of output produced​

Answers

Answered by SinisterX
0

Fixed costs are costs that do not change when the firm alters the quantity of output produced. Variable costs are costs that do change when the firm alters the quantity of output produced. From a firm's total cost, two related measures of cost are derived.

Answered by sharthy2006
0

Answer:

Fixed costs are costs that do not change when the firm alters the quantity of output produced. Variable costs are costs that do change when the firm alters the quantity of output produced.

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