Fixed costs depend on the ________.
A) amount of resources used
B) amount of unchanged costs for a given time period
C) volume of production
D) total number of units sold

Question

Quizplus · Accepted Answer

Fixed costs are costs that remain constant regardless of the volume of production or number of units sold. They are the costs that a business has to pay for a given time period, even if there is no production or sales activity.

Fixed Costs Depend on the ________