Question
The number of products a business makes or sells does not affect its total fixed cost. Fixed costs are the costs that a business must pay regardless of how many products they make or sell. These costs include rent, salaries, and utilities, among others. They remain constant whether the business makes or sells one product or a million.
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To begin, first enter the name of the cell phone under the Price Analysis section of the Field tab, along with an initial price point to analyze. Then enter the total fixed cost for the business, which is the total amount of money a business must pay to keep their operations running regardless of how many products they make or sell.
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