Word

Fixed Cost

Defintion

Any cost that does not depend on the volume of the resource consumed. For example, the cost of buying a computer remains the same, no matter if you use it for 20 hours or 1 hour. Hence, it is a fixed cost.

Comments

SP3AK EASY

About Us

We connect purpose-driven entrepreneurs with customers who share their values with modern marketing and storytelling.

 

Contact Us

Ready to R3think Everything?

Join Team #R3SET

© 2023 Reaction Foundry | Sitemap