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What is fixed cost in economics?

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Answer:

Fixed are the cost that are not affected the by the fluctuations in the level of activity. As an example the rent cost of a apperal manufacturing company would be a typical example of a fixed cost in short run as rental is not affected by the level of activity that is produced.

First answer by ID2946321000. Last edit by Jonathan Begg. Contributor trust: 152 [recommend contributor ]. Question popularity: 0 [recommend question].

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