The action of squeezing/caressing a person's cheek with your first and thumb fingers, similar to what an aunt does when she hasn't seen you in awhile.he action of squeezing/caressing a person's cheek with your first and thumb fingers, similar to what an aunt does when she hasn't seen you in awhile.
A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses that have to be paid by a company, independent of any business activity. It is one of the two components of the total cost of a good or service, along with variable cost.
Thus average fixed cost is the fixed cost per unit of output. Suppose for a firm the total fixed cost is Rs. 2,000 when output is 100 units, average fixed cost (AFC) will be Rs. 2,000/100 = Rs. 20 and when output is expanded to 200 units, average fixed cost will be Rs. 2,000/200 = Rs.