Fixed Costs That Exist Even After a Product Is Discontinued

question 239

True/False

Fixed costs that exist even after a product is discontinued are called unavoidable fixed costs.

---

Definitions:

Legal Document

A formal document that is legally recognized and enforceable by law, such as contracts, wills, or deeds.

Financially Self-Sufficient

The ability of an individual or entity to support themselves economically without relying on external assistance.

Nursing Home

A residential facility providing specialized care and living accommodations for elderly or disabled individuals.

Sandwich Generation

This term refers to a generation of people who are responsible for bringing up their own children while also providing care for their aging parents.