Explain what is

Fixed Cost?
Variable Cost?
Semi-Variable Costs?​

Fixed Cost-

A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold

Variable cost -

A variable cost is an expense that rises or falls in direct proportion to production volume.

Semi-Variable Costs -

costs that are a combination of the above, with both a fixed and variable elemen

bildungsroman is a german word for novel covering youth to adulthood which describes a coming-of-age story