fixed cost
noun
a cost unvarying with a change in the volume of business (distinguished from variable cost).
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use fixed cost in a sentence
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.
Can the Government Control Health Care Costs By Fiat | Megan McArdle | March 1, 2013 | THE DAILY BEASTYou 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.
No Matter What the Supreme Court Decides, Textbooks Will Continue to Be Expensive | Megan McArdle | October 30, 2012 | THE DAILY BEAST
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