Discussion
1. What exactly are fixed costs? Can you provide an example? What would a graph of fixed costs per unit look like if we graphed it with units on the x axis and costs on the y axis?
2. What would a graph of fixed costs per unit look like? How is it different from a graph of variable costs per unit?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.