Costs that do not vary according to production volume are called _____.
A) total costs
B) marginal costs
C) switching costs
D) variable costs
E) fixed costs

Name: Costs that do not vary according to production volume are called _____. A) total costs B) marginal costs C) switching costs D) variable costs E) fixed costs
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Question

Quizplus · Accepted Answer

Fixed costs do not vary with the volume of production. Examples include rent, salaries, and insurance, which remain constant regardless of the level of production.

Costs That Do Not Vary According to Production Volume Are