Electricity generating plants with low fixed costs tend to have high operating costs.

Electricity Generating Plants

Electricity generating plants are facilities equipped to produce electricity through various means, including fossil fuels, nuclear power, or renewable sources.

Fixed Costs

Costs that do not change with the level of output or production, such as rent, salaries, and insurance premiums.

Operating Costs

Expenses associated with the day-to-day functioning of a business, including costs for rent, utilities, payroll, and raw materials.