Step fixed-cost functions are variable over the long run.

Name: Step fixed-cost functions are variable over the long run.
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Fixed costs are those that do not vary with changes in output or production levels, such as rent, insurance, or salaries. However, over the long run, these fixed costs can become variable as a business may choose to relocate, downsize, or change their production processes. Therefore, step fixed-cost functions may also become variable over the long run.

Step Fixed-Cost Functions Are Variable Over the Long Run