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What are fixed costs?

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What are fixed costs?
posted Jun 22, 2017 by Shubham Rajput

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1 Answer

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The costs that are fixed irrespective of production are fixed costs. EX: Rent, Depreciation. Fix cost is those cost who not change in any time whether the production done or not it similar charge in every organization ex- salary of labor, supervisor factory rent insurance etc.

answer Jun 23, 2017 by Prajwal C.m.