What Is the Best Definition of the Term Fixed Costs

question 221

Multiple Choice

What is the best definition of the term fixed costs?

• A) Costs that are needed to acquire a fixed market share
• B) Costs that are needed to acquire fixed profits
• C) Costs that are unaffected by the number of goods sold by the firm
• D) Costs that remain the same from year to year
• E) Costs that remain the same across all products

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Definitions:

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