The agreed upon monthly payment that a business makes on a building it has contracted to lease for the next five years:

Name: The agreed upon monthly payment that a business makes on a building it has contracted to lease for the next five years:
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The monthly payment on a building lease is a fixed cost because it does not change with the level of production or sales, must be paid even if the business produces nothing, and remains the same regardless of the business's production volume.

The Agreed Upon Monthly Payment That a Business Makes on a Building