Shuichi owns and operates his own sushi bar. His fixed costs would include rent, insurance, and property taxes.

Name: Shuichi owns and operates his own sushi bar. His fixed costs would include rent, insurance, and property taxes.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fixed costs refer to regular expenses that are not affected by the level of business activity, such as rent, insurance, and property taxes. As such, they are part of the cost structure of a business and would be considered as fixed costs for Shuichi's sushi bar.

Shuichi Owns and Operates His Own Sushi Bar