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8 multiple choice 4 points part 1: main idea the difference between fixed costs and variable costs is that fixed costs depend on outside forces; variable costs depend on internal forces fixed costs remain the same; variable costs are determined by fixed costs fixed costs remain the same; variable costs depend on how much is produced fixed costs are always low; variable costs are always high
Fixed costs are expenses that do not change with the level of production, such as rent for a factory space. Variable costs, like the cost of raw - materials, change depending on how much is produced.
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C. fixed costs remain the same; variable costs depend on how much is produced