Definition of Fixed Cost

Fixed costs are costs of production which are constant whatever the level of output Average fixed costs are total fixed costs divided by the number of

What is fixed cost? Any expense that remains static over time is referred to as a fixed cost Unlike variable costs, which are related to production, fixed

variable cost Total fixed costs are the sum total of the producer's expenditures on the purchase of constant factors of production The factors of production include capital,

cost of goods sold A fixed cost is a business expense that is constant, regardless of the demand for a product Fixed costs are expenses that companies pay to do