Economy, asked by Anonymous, 1 year ago

explain fixed cost.

answer.

Answers

Answered by trigonclasses
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. 
Answered by Anonymous
1
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 .
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