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Fixed costs that cannot easily be changed and often lock a company into a multi-year decision are called

Sagot :

Fixed costs that cannot easily be changed and often lock a company into a

multi-year decision are called committed fixed costs.

What is Fixed cost?

These are costs which aren't dependent on the production of goods and

services of the company(productivity)

Committed fixed costs on the other hand is the cost which is very

important and necessary for the running of the business. The costs cannot

easily be changed and run for a long period of time.

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