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Explain Fixed Cost.
Fixed Cost:
Cost may be described as the amount of expenditure incurred on, or attributable to a specified thing. Fixed costs are those costs that tend to keep on constant irrespective of the volume of sales or output.
Illustrations of fixed costs:
* Staff salaries.
* Administration Expenses.
* Rent and establishment charges
* Depreciation.
A constitution is best described as: Answer the statutory law of the land the fundamental law of the land the supplementary law of the land the penultimate law of the land the acce
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minimise the operation procedure
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