Fixed Cost Is

question 255

Multiple Choice

Fixed cost is

• A) the cost of producing one more unit of capital, for example, machinery.
• B) any cost that does not change when the firm changes its output.
• C) average cost multiplied by the firm's output.
• D) usually zero in the short run.

---

Definitions:

SEC Investigators

Personnel from the Securities and Exchange Commission (SEC) responsible for examining and enforcing compliance with securities laws.

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Presidential Profits

Earnings or financial gains made by a person holding the office of the president, potentially from various sources, including investments, salaries, or other income.

Public Announcement

An official notification or disclosure made to the general public, often regarding significant changes, decisions, or events related to a company or organization.