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-05-DE-I Fixed cost is constant even when output is zero. Tru/false |
Answer» Fixed Cost is the cost incurred on fixed expenses.Explanation: This is TRUE Fixed cost is constant even when OUTPUT is zero. The company has to INCUR Fixed cost even if the output is less or even if there is not output. It does not depend on the level of output. Fixed cost remains same whether whether the output is ONE or more . |
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