What Happened When A Fixed Cost Remains Constant In Total?
Answers
Answered by
1
Fixed cost do not vary with the production level. Total fixed costs remains the same, within the relevant range. However, the fixed cost per unit decreases as production increases, because the same fixed costs are spread over more units.
Similar questions
Physics,
6 months ago
History,
6 months ago
Physics,
11 months ago
Computer Science,
11 months ago
Environmental Sciences,
1 year ago