________ are generally independent of the volume of units produced and sold.
A) Fixed costs
B) Variable costs
C) Profits
D) Average cost

Question

Quizplus · Accepted Answer

Fixed costs are expenses that do not vary with changes in the volume of units produced and sold. These costs remain the same regardless of how many units are produced or sold, such as rent, insurance, and salaries of employees.

________ Are Generally Independent of the Volume of Units Produced