Given a text, write a compressed version of it in a single sentence.
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Question: FIXED COST - A cost that does not vary in the short term with the volume of activity. Fixed cost information is useful for cost savings by adjusting existing capacity, or by eliminating idle facilities.

Answer: FIXED COST- Cost that doesn't vary short term with volume of activity. fixed cost information is useful for savings by adjusting existing capacity.

Question: I also believe that you can be proud of your law school. We have provided throughout the years quality legal education, and we are continuing to improve.

Answer: You can be proud of your law school. We provided quality legal education through the years which will only improve.

Question: In our fund raising efforts to date, we have received the support of local government, foundations, and corporations as well as the personal financial commitments of individual MCCOY Board members.

Answer:
We have received the support of local government, corporations, and gifts from individual MCCOY Board members in our fund raising efforts.