_____ have to be paid whether one unit is made or thousands.

Question

Quizplus · Accepted Answer

Fixed costs are expenses that do not vary with changes in the level of output or sales, meaning they have to be paid regardless of how many units are produced. Total variable costs, on the other hand, increase with each unit produced, and total costs include both fixed and variable costs. Total revenue represents the total amount of money earned from sales, which is not necessarily related to costs.

_____ Have to Be Paid Whether One Unit Is Made