Which of the following is an example of a fixed cost for private trucking:
A) Depreciation
B) labor
C) insurance
D) Tolls

Question

Quizplus · Accepted Answer

Depreciation is an example of a fixed cost for private trucking as it refers to the decrease in value of the truck over time, which is a cost that does not change with the amount of goods transported or distance traveled. Labor, insurance, and tolls are examples of variable costs as they are dependent on the amount of goods transported or distance traveled.

Which of the Following Is an Example of a Fixed