Fixed costs:
A) Never change.
B) Do not change with output.
C) Do not change over time.
D) Are equal to variable costs.

Name: Fixed costs: A) Never change. B) Do not change with output. C) Do not change over time. D) Are equal to variable costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fixed costs do not change with the level of output. They are expenses that have to be paid by a company, independent of any specific business activities. This contrasts with variable costs, which vary directly with the level of production.

Fixed Costs