Definition of Fixed Costs: In production, fixed costs are the costs that do not vary with the number of goods produced. In the short-run factors like land and rent are fixed costs, whereas raw materials used in production are not.

Terms related to Fixed Costs:
None

About.Com Resources on Fixed Costs:
None

Writing a Term Paper? Here are a few starting points for research on Fixed Costs:

Books on Fixed Costs:
None

Journal Articles on Fixed Costs:
None

<Return to Main Page>