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. Costs, that depend on the amount of output, are [[variable costs]].
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[[category:economics]]
 

Revision as of 15:02, May 31, 2007

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