Fixed costs are often defined as fixed over the short run. Does this meant they are not

Question:

Fixed costs are often defined as "fixed over the short run." Does this meant they are not fixed over the long run? Why or why not?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Accounting

ISBN: 9780256069198

3rd Edition

Authors: Edward B. Deakin, Michael Maher

Question Posted: