Which of the following is considered to be a fixed cost of operating an automobile?

Name: Which of the following is considered to be a fixed cost of operating an automobile?
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Question

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Registration fees are considered fixed costs because they are typically paid annually and do not vary based on the amount of driving done or the wear and tear on the vehicle. Gasoline, tires, oil changes, and maintenance costs are all considered variable costs because they depend on how much the car is driven and how it is used.

Which of the Following Is Considered to Be a Fixed