Which of the following is most likely to be a fixed cost for a business?

Question

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Property taxes on the firm's buildings are typically a fixed cost as they do not vary with the level of production or sales. Expenditures on low-skill labor and shipping charges are variable costs that do vary with production and sales volume. Managerial salaries may be either fixed or variable, depending on the company's pay structure. However, given the given options, property taxes are most likely to be a fixed cost.

Which of the Following Is Most Likely to Be a Fixed