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Fixed cost

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Fixed cost

    • Posted by Gursewak Singh Brar 6 years, 11 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Tanisha Garg 6 years, 11 months ago

    Fixed cost refers to that cost which is incurred by the producer on the purchase of factors of production.It even occurs when output is zero..

    0Thank You

    Nitin Jain 6 years, 11 months ago

    Fixed cost or total fixed cost is always constant it changes only due to selling or purchase of machinery, land and building etc. it forms a horizontal straight line to x axis

    0Thank You

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