Fixed Costs
What Fixed Costs means in Business GCSE, as defined for AQA, Eduqas.
Definitions of Fixed Costs
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Reference: AQA
Costs which do not vary with output and which combine with variable costs to make total cost.
Costs that do not change with output over a period and are paid even at zero output.
Costs that do not change with output in the short run.
Costs which do not change with output, such as rent.
Expenses that do not change with output.
Business expenses that do not change regardless of the amount of goods or services produced.
Topics that use Fixed Costs
- Business planning (AQA GCSE)
- Expanding a business (AQA GCSE)
- Financial terms and calculations (AQA GCSE)
- Finance (Eduqas GCSE)
Related terms
Using Fixed Costs in the exam
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