Fixed costs that may be avoided in the future are referred to as: [Solved]

4. Healthcare costs: With technological advances that make medical treatments more affordable and accessible, healthcare costs may eventually drop in the future. This is mainly due to advancements

1. Opportunity costs. These refer to the potential benefits that could have been obtained by spending the money in another way.
2. Avoidable costs. These refer to costs that can be avoided by taking specific actions, such as using reusable materials or conserving energy.
3. Delay costs. These refer to the time it takes to take action, which can be eliminated by planning and setting deadlines for tasks.

1. Opportunity costs. These refer to the potential benefits that could have been obtained by spending the money in another way.
2. Avoidable costs. These refer to costs that can be avoided by taking specific actions, such as using reusable materials or conserving energy.
3. Delay costs. These refer to the time it takes to take action, which can be eliminated by planning and setting deadlines for tasks.

4. Healthcare costs: With technological advances that make medical treatments more affordable and accessible, healthcare costs may eventually drop in the future. This is mainly due to advancements

2. Identify potential savings: Once you know how much youre spending on your fixed costs each month, its time to start looking for ways to reduce that amount. For example, you may be able to lower your rent or mortgage payments by living in a less expensive area, or by taking advantage of homebuyers insurance or foreclosure rescue programs.

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Future fixed costs

Fixed costs that may be avoided in the future are referred to as:
-Operating costs
-Infrastructure costs
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