Difference between revisions of "Fixed costs"
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Fixed costs are costs that do not vary based on the amount of production or output. In other words, these costs exist regardless of whether a company is in full production or shut down. Fixed costs include rent, property taxes and debt. | Fixed costs are costs that do not vary based on the amount of production or output. In other words, these costs exist regardless of whether a company is in full production or shut down. Fixed costs include rent, property taxes and debt. | ||
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Revision as of 15:39, April 3, 2007
Fixed costs are costs that do not vary based on the amount of production or output. In other words, these costs exist regardless of whether a company is in full production or shut down. Fixed costs include rent, property taxes and debt.