genice02
May 1, 2008, 01:26 PM
Do you have some examples of variable cost and fixed cost?
plonak
May 1, 2008, 01:30 PM
variable costs are costs that change for example your electricity bill.. it's never exactly the same it varies depending on use.. Fixed costs are costs that never change, for example your car payment, it's always the same every month no matter what. Hope that helps!