Which two items are examples of fixed costs for a business?(Choose 2.) A. Rent B. Credit card payments C. Insurance D. Commissions

## Step 1<br />Fixed costs are those costs that do not change with the level of output or sales. They remain constant regardless of the business's activity level. <br /><br />## Step 2<br />In this case, Rent (Option A) and Insurance (Option C) are examples of fixed costs. Rent is a fixed cost because it does not change with the level of output or sales. It remains constant regardless of the business's activity level.<br /><br />## Step 3<br />Similarly, Insurance is also a fixed cost because it does not change with the level of output or sales. It remains constant regardless of the business's activity level.<br /><br />## Step 4<br />On the other hand, Credit card payments (Option B) and Commissions (Option D) are variable costs. They change with the level of output or sales. For example, if a business sells more goods, it will have to pay more in credit card payments and commissions.