Question

Define fixed cost with an example​

Answer 1

$\huge{\tt{\red{❥}\green{A}\purple{N}\pink{S}\blue{W}\orange{E}\red{R}}}$

$\pink\longrightarrow$ Fixed costs are usually negotiated for a specified time period and do not change with production levels.

$\pink\longrightarrow$ Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.

Answer 2

Answer:

Fixed cost are usually negotiated for a specificed time period and do not change with production levels.... examples of fixed Costs are include rental lease payments , salaries , insurance,property taxes, depreciation and interest expenses .