Define fixed costs. OR What is meant by supplementary costs ?

1.	Define fixed costs. OR What is meant by supplementary costs ?
Answer» <html><body><p></p>Solution :Fixed costs (or supplementary costs) refer to those costs whichdo not <a href="https://interviewquestions.tuteehub.com/tag/vary-1443941" style="font-weight:bold;" target="_blank" title="Click to know more about VARY">VARY</a> directly with the level of <a href="https://interviewquestions.tuteehub.com/tag/output-1142821" style="font-weight:bold;" target="_blank" title="Click to know more about OUTPUT">OUTPUT</a>. For <a href="https://interviewquestions.tuteehub.com/tag/example-978283" style="font-weight:bold;" target="_blank" title="Click to know more about EXAMPLE">EXAMPLE</a>, salary of permanent staff, payment of insurance <a href="https://interviewquestions.tuteehub.com/tag/premium-2555" style="font-weight:bold;" target="_blank" title="Click to know more about PREMIUM">PREMIUM</a>.</body></html>

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