Question

explain fixed cost.

answer.

Answer 1

A fixed cost is an expense or cost that does not change with an increase or decrease in the number of goods or services produced or sold. 

Answer 2

HERE UR ANSWER.

Fixed cost are the cost incurred on the fixed factor of production.It does not change with increase or decrease in output.Fixed cost remain constant even when output is zero.Fixed cost are incurred even before output actually starts .