A cost that does NOT depend on the quantity of output produced is:
A) marginal.
B) fixed.
C) variable.
D) average.

Name: A cost that does NOT depend on the quantity of output produced is: A) marginal. B) fixed. C) variable. D) average.
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Question

Quizplus · Accepted Answer

A fixed cost remains constant regardless of the quantity of output produced. It includes expenses like rent, salaries, and property taxes. Marginal, variable, and average costs all change depending on the quantity of output produced.

A Cost That Does NOT Depend on the Quantity of Output