Cryptocurrency Q&A What is a fixed cost in layman's terms?

What is a fixed cost in layman's terms?

Stefano Stefano Sat Sep 07 2024 | 7 answers 1826
Could you explain what a fixed cost is, in simple terms that anyone can understand? I'm not familiar with financial jargon, so I'm looking for a straightforward explanation. I've heard the term before, but I'm not sure what it really means or how it applies to personal finances or business operations. What is a fixed cost in layman's terms?

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