True or yes there is a trade-off between higher fixed cost and lower variable cost for any output level.
A cost is the worth of money which has been expended to make something or provide a service and is therefore no longer available for use in manufacturing, study, retail, and administration. In the case of an acquisition cost, the money was spent on the acquisition is considered the cost.
Costs are the expenses a firm has to pay to produce goods and/or render services. Costs are significant to industry because people: Are really the thing that consumes a workers wages.
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