costs Flashcards
1
Q
fixed costs , 1 example
A
costs that dont change with the level of output
rent
2
Q
variable costs , one example
A
change directly with the level of output
3
Q
total costs
A
variable + fixed
business for top gs > costs > Flashcards
fixed costs , 1 example
costs that dont change with the level of output
rent
variable costs , one example
change directly with the level of output
total costs
variable + fixed
business for top gs (67 decks)