Quasi-Fixed Costs are costs that are not strictly fixed or variable but have elements of both, fluctuating with business activity levels to some extent.

Quasi-fixed costs have elements of both fixed and variable costs, fluctuating with business activity levels to some extent.

What is an example of a quasi-fixed input? An example of a quasi-fixed cost is salaried employee wages, which don`t vary directly with production levels but can change over time.

What are those costs that have both fixed and variable elements called? Costs that have both fixed and variable elements are called semi-variable or mixed costs.

Which type of cost is made up of both fixed and variable costs? Semi-variable or mixed costs.

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Quasi-fixed costs have elements of both fixed and variable costs, fluctuating with business activity levels to some extent.

Quasi-Fixed Costs have elements of both fixed and variable costs, fluctuating with activity levels.