Fixed costs
- Created by: Charlottehughes
- Created on: 17-11-14 11:30
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- Fixed costs.
- Fixed costs are the costs that remain the same even when costs fall or increase.
- These have to be paid no matter how many poducts the business makes, sells or how many customers it has
- Examples..
- Salaries, Coucil tax, rent, insurance, utilities. `
- They stay the same regardless of the product level
- Fixed costs are the costs that remain the same even when costs fall or increase.
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