Fixed costs fixed costs fc are business costs that remain, Basic Statistics

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Fixed costs fixed costs fc are business costs that remain

Question: Fixed costs fixed costs FC are business costs that remain constant regardless of the number of units produced. Some items that might contribute to fixed costs are rent and utilities.

FC = 2000

is an equation indicating that a business has fixed costs of $2000. Graph FC = 2000 by putting x (the number of units produced) on the horizontal axis.

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Basic Statistics: Fixed costs fixed costs fc are business costs that remain

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Basic Statistics: Fixed costs fixed costs fc are business costs that remain

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