Rent, executive salaries, and insurance are typical examples of
A) variable costs.
B) fixed costs.
C) unit costs.
D) marginal costs.
E) total costs.

Name: Rent, executive salaries, and insurance are typical examples of A) variable costs. B) fixed costs. C) unit costs. D) marginal costs. E) total costs.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Rent, executive salaries, and insurance are fixed costs because they do not change with the level of production or sales.

Rent, Executive Salaries, and Insurance Are Typical Examples of