There are two main types of fixed costs:
1. Committed fixed cost:
This cost include the investments in the equipment, facilities and the basic organizational structure.
2. Discretionary Fixed cost:
It includes costs which arise from the annual decisions. For example, advertising, research, public relations etc.
Fixed cost
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1. Committed fixed cost:
This cost include the investments in the equipment, facilities and the basic organizational structure.
2. Discretionary Fixed cost:
It includes costs which arise from the annual decisions. For example, advertising, research, public relations etc.
Fixed cost
enjoy blurting!