Fixed costs are costs that:
A) decrease as the per unit variable cost increases.
B) are constant within the relevant range as the level of output changes.
C) increase as the miscellaneous expenses decrease with the level of output.
D) All of these are correct.

Question

Quizplus · Accepted Answer

Fixed costs remain constant within the relevant range as the level of output changes. They do not vary with the per unit variable cost or miscellaneous expenses.

Fixed Costs Are Costs That