Which costs do not change as output is increased or decreased?
A)asset
B)variable
C)fixed
D)status quo

Question

Quizplus · Accepted Answer

Fixed costs do not change as output is increased or decreased. These costs are typically incurred regardless of the level of production, such as rent or salaries. Therefore, option C is the correct answer. Options A and B are incorrect because asset costs may change with a change in production, and variable costs will increase or decrease with output. Option D, "status quo," does not relate to costs and is not a valid choice.

Which Costs Do Not Change as Output Is Increased or Decreased