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
Science,
6 months ago
Math,
6 months ago
Physics,
6 months ago
Physics,
1 year ago
Computer Science,
1 year ago
Environmental Sciences,
1 year ago