Question

Suppose a firm pays ​$2 comma 750 per month to operate in the short run. From this​ amount, ​$1 comma 550 is spent on costs that do not change regardles_____________.

Answer 1

The​ firm's output

Step-by-step explanation:

The cost that does not change regardless of the firm's output is known as the fixed costs.

These fixed cost remains constant for a level of the firm's output.

The fixed cost may include rent or manager salary etc. which do not vary.

The variable cost for the given case will be = $2,750 - $1,550 = $1,200