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What is a fixed cost?

What is a fixed cost? Here are some definitions.

Noun
  1. (accounting) A cost of business which does not vary with output or sales; an overhead.
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Examples
The quarter-overquarter improvement was due to fixed cost savings and strong polymer demand that enabled the implementation of price increases.
What's more, the fixed cost of a space at home would cost dearly as well.
Nevertheless, since pension charges are a fixed cost, the real impact should be limited.
Fees from these sales help offset some of the fixed cost to the Department.
Evaluate your business costs to see if it fits in a variable or fixed cost category.
Roughly, this law predicts that the power of computers doubles every eighteen months for a fixed cost.

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