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fixed cost

noun

  1. a cost unvarying with a change in the volume of business ( variable cost ).


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Example Sentences

So, Fridays at five o' clock the MRI machine is probably not being used, and that's a fixed cost.

Now on top of that fixed cost you have a marginal cost: the amount that it costs you to actually put a patient in a room.

You could see Groupon being a good way to get rid of products that are high fixed cost, low marginal cost goods.

Assume your fixed cost of getting the plane off the ground is $1300, so you've got a total cost of $1420 and revenue of $1500.

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