The sum of the expenses of a firm that is stable and does not change with the quantity of the product that is produced and sold is referred to as

A) fixed cost.
B) total cost.
C) variable cost.
D) sunk cost.
E) overhead cost.

Fixed Cost

A cost that does not vary with the level of output or sales, such as rent, salaries, and insurance premiums.

Overhead Cost

Indirect expenses related to the operation of a business, such as rent, utilities, and administrative salaries, that are not directly tied to the production of goods or services.