Kayne Coleman there are some cases for a service where VC is zero because of no inputs and in those cases fc=tc. But usually there is a small vc (wages for the person providing the service. Petrol for a lawn mower. Etc)
Dear Friends, I want to confirm: If a company has passed the break-even point, why should we do variable costs minimums and maximum fixed costs then the profits will increase more?. Thank you.
I like the way you begin explaining what fixed costs are with examples keep going sir.
I'm a new student in the UK, and sometimes I'm struggling with the language, but I understood you perfectly, Thanks you !!!
Explained it very well... I'm taking CIPS exams in a month and this was very helpful in understanding the BEA. Thank you
Well explained, super simple and with examples. Just know that you have saved a life!
Thanks for educting. Very useful 👍👌
I’m a 12 year old going to algebra, and this helps a lot; thank you!
VEry easy to understand. Thank you.
Thankyouu so much for this, helping me in 2020🔥
great video, how does this equate to a service based business rather than product based?
Kayne Coleman there are some cases for a service where VC is zero because of no inputs and in those cases fc=tc. But usually there is a small vc (wages for the person providing the service. Petrol for a lawn mower. Etc)
Dear Friends,
I want to confirm:
If a company has passed the break-even point, why should we do variable costs minimums and maximum fixed costs then the profits will increase more?. Thank you.
Crickey
YEEEAAAAAHHHH WOOOOOOOOOOOO BREAK EVEN YEAAAAAHH