Question

What is fixed cost and

Answer 1

Explanation:

In economics, fixed costs, indirect costs or overheads are business expenses that are not dependent on the level of goods or services produced by the business. They tend to be time-related, such as interest or rents being paid per month, and are often referred to as overhead costs.

Answer 2

Answer:

Business costs, such as rent, that are constant whatever the amount of goods produced.This is called fixed cost .