Fixed cost is sometimes called
A) total cost
B) sunk cost
C) variable cost
D) marginal cost
E) average total cost

Name: Fixed cost is sometimes called A) total cost B) sunk cost C) variable cost D) marginal cost E) average total cost
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Question

Quizplus · Accepted Answer

Fixed costs are costs that do not change with the level of output and are incurred even if the business is not producing anything. These costs are often considered sunk costs because they have already been incurred and cannot be recovered.

Fixed Cost Is Sometimes Called