Fixed Costs

Costs for fixed resources that DON'T change with the amount produced. Ex: Rent, Insurance, Managers Salaries

If Fixed Costs change:
only Average Fixed Costs (AFC) and Average Total Cost (ATC) shift, Marginal Cost (MC) and Average Variable Cost (AVC) don't change

相关笔记

Average Fixed Costs (AFC)
Fixed Resources
Short-Run
Variable Costs
Average Variable Cost (AVC)
Total Costs