Economy, asked by nayanchandarana90, 7 months ago

what is the nature of fixed cost in short run

Answers

Answered by ghazala162004

6

Fixed Costs

That is, they do not change with any change in the output. The firm incurs these costs in the short run regardless of the size of the output. The firm has to bear these costs even if it closes down operations in the short run.

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