Fixed costs are those costs that do not change with output is this True or False?
do some reading, then take a shot.
To determine whether fixed costs are those costs that do not change with output, we can do some reading and research.
Fixed costs are expenses that remain constant regardless of the level of production or output. These costs do not vary with the changes in the quantity produced. Examples of fixed costs include rent, salaries, insurance premiums, and lease payments. These expenses must be paid by the business regardless of whether production is high or low.
To confirm this information, you can consult reliable sources such as textbooks, financial journals, or reputable websites that provide information on economics or accounting. By gathering information from these sources, you can validate whether the statement "fixed costs are those costs that do not change with output" is true or false.