Fixed costs FC are business costs that remain constant regardless of the number of units produced. Some
Question:
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. (FC does not mean the product of F and C.)
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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