External, telescopic FM antenna: The one on this radio extends to about 30 cm (1 ft), which is plenty long enough to catch a good range of FM broadcasts. You can extend and swivel the telescopic antenna for better reception.
Fixed Cost. Definition: A fixed cost is a cost that does not vary in the short term, irrespective of changes in production or sales levels, or other measures of activity. A fixed cost is a basic operating expense of a business that cannot be avoided, such as a rent payment.
Average Fixed Cost. Average fixed cost is the fixed cost per unit of output. Fixed cost is a cost which does not change in the short run with increase or decrease in the production level. Examples include depreciation on factory building, salaries of permanent employees, rent paid on non-cancelable lease, etc.