Which costs remain constant regardless of the rate of production in a given time period?
A) marginal costs
B) fixed costs
C) short-run costs
D) direct costs

Question

Quizplus · Accepted Answer

Fixed costs remain constant regardless of the rate of production in a given time period. Marginal costs can vary depending on the level of production, short-run costs are a combination of fixed and variable costs and can also vary, and direct costs are costs that can be attributed to a specific product or service and can vary with the level of production.

Which Costs Remain Constant Regardless of the Rate of Production