Variable vs Fixed Costs

fixed cost Costs As we noted earlier, the short- run cost is an operating concept, which means that an organization has no control over the fixed costs it incurs for a

Fixed costs are the costs incurred by a company on a regular basis, regardless of revenue generated or production, including rent and salaries  variable cost Unlike variable costs, fixed costs are not affected by sales No matter how many products you produce or services you provide, your fixed costs