Those expenses that remain essentially at the same level, regardless of any changes in the volume of production, are called:
A)rebatable expenses.
B)variable costs.
C)unit costs.
D)marginal costs.
E)fixed costs.

Question

Quizplus · Accepted Answer

Fixed costs remain constant regardless of the level of production. Examples include rent, property tax, and salaries of permanent employees.

Those Expenses That Remain Essentially at the Same Level, Regardless