Fixed costs are controllable in the short run but not the long run.

Name: Fixed costs are controllable in the short run but not the long run.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fixed costs are not controllable in either the short or the long run, as they are expenses that do not vary with changes in the level of output or sales. In the short run, a business can only control its variable costs, such as labor and raw materials, while in the long run it can adjust its fixed costs by changing the size and scale of its operations.

Fixed Costs Are Controllable in the Short Run but Not