Ask Question
12 July, 10:33

Fixed costs can be defined as costs that A. are incurred only when production is large enough. B. vary inversely with production. C. are incurred even if nothing is produced. D. vary in proportion with production.

+3
Answers (1)
  1. 12 July, 12:44
    0
    The correct answer is C. are incurred even if nothing is produced.

    Explanation:

    Fixed costs are the cost of an organization that don't change with the amount of production. So, if the production is 0, this cost will exist anyway. For example: taxes, rental

    Then, Fixed costs can be defined as costs that are incurred even if nothing is produced.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Fixed costs can be defined as costs that A. are incurred only when production is large enough. B. vary inversely with production. C. are ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers