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What is the difference between variable and fixed costs?

User Lithium
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2 Answers

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Answer:

Variable costs vary with the amount produced. Fixed costs remain the same, no matter how much output a company produces.

Step-by-step explanation:

User Sechilds
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Variable costs vary with the amount produced. Fixed costs remain the same, no matter how much output a company produces.

That my friend, is the difference.

Hope this helped!
ヾ(^∇^)
User Max Stewart
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