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.
Fixed costs are not permanently fixed - they will change over time - but are fixed in relation to the quantity of production for the relevant period. Average fixed cost (AFC) is an economic term that refers to fixed costs of production (FC) divided by the quantity (Q) of output produced.