what is the fixed cost of production forced by this firm ?
Answer (1)
20th Jun, 2021
Hello candidate,
Every firm and every organisation keeps a fixed costs of production for its various needs and necessities such as which keeps track record of all the individual initial costs involving a number of costs that include both fixed and variable costs.
Some of the most common examples for fixed production cost include insurance, rent, normal profit, setup costs and depreciation.
Hope you found it informational!!
Comments (0)
Related Questions
Trending Articles/News
