Fixed costs (fc), Managerial Economics

Fixed Costs (FC)

These are costs which do not   vary with the level of production i.e. they are fixed at all levels of production.  They are associated with fixed factors of production in the Short Run.  Examples are rent or premises, interest on loans and insurance.

 

1331_fixed cost.png

Posted Date: 11/27/2012 7:25:22 AM | Location : United States







Related Discussions:- Fixed costs (fc), Assignment Help, Ask Question on Fixed costs (fc), Get Answer, Expert's Help, Fixed costs (fc) Discussions

Write discussion on Fixed costs (fc)
Your posts are moderated
Related Questions
What is increasing marginal cost? Felix’s marginal cost is greater the more lawns he has previously mowed. It is, every time he mows a lawn, the extra cost of doing still anoth

The demand curve Suppose that starting from a condition of equilibrium, the price of X falls relative to Y.  We now have a condition where the utility from the last shilling s


You own a pharmaceutical company that is specialized in the manufacture of medicine for smokers. You newly patented an innovative drug called Clealung, which drastically reduces th

Interest and the Keynesian Liquidity Preference Theory Interest is a factor income in that it is considered to be payment to or return on capital in the sense that it is payme

The nature and function of money The development of money was necessitated by specialization and exchange.  Money was needed to overcome the shortcomings and frustrations of t

Describe the Managerial functions A manager has to take numerous decisions that conform to the objectives of the firm. Several business decisions fall prey to conditions of ris


what is the role of managerial economics in running a business?

Q. Explain about Regression analysis? Regression analysis is the statistical technique which identifies the relationship between two or more quantitative variables: a dependent