As Production Goes Up, Total Fixed Costs ____

question 22

Multiple Choice

As production goes up, total fixed costs ____.

• A) decrease
• B) increase
• C) remain the same
• D) cannot be predicted

---

Definitions:

Real Estate Commission

A fee paid to a real estate agent or broker for facilitating the sale or lease of a property, typically a percentage of the sale price.

Net Proceeds

The amount of money received from a sale after all costs and expenses have been paid.

Trade Discount

A reduction in the listed price of goods or services offered by a vendor to buyers in the same trade.

Personal Video Recorder

An electronic device or software application that records video in a digital format to a disk drive or other memory medium within a device.