The sum of the expenses of a firm that is stable and does not change with the quantity of the product that is produced and sold is called:

The sum of the expenses of a firm that is stable and does not change with the quantity of the product that is produced and sold is called:

The sum of the expenses of a firm that is stable and does not change with the quantity of the product that is produced and sold is called:



A.

fixed cost.


B.

variable cost.


C.

total cost.


D.

marginal cost.



Answer: A


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