explain total fixed cost
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❤️One can find total fixed cost by subtracting total variable cost from a company's total cost.
❤️Total fixed costs are the sum of all expenses that are constant that a company must pay.
❤️Total fixed costs are the sum of all expenses that are constant that a company must pay.
sanjayadvances:
The overall sum of expenses that stays constant for a business even though its production total output. A business that has a relatively high total fixed cost level might be tempted to participate in cut throat pricing practices since producing more tends to involve relatively less additional cost
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The overall sum of expenses that says constant for a buisness even though its production output changes.
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