Consider a textile factory operating in the short run.Classify the following costs that the firm incurs as variable costs,sunk costs,or fixed costs.
a)The cost of issuing identity cards to all workers
b)The wages paid to the workers of the factory
c)The yearly rent paid for production space
d)The tax paid on the sale of its products

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The Answer of Consider a textile factory operating in the short run.Classify the following costs that the firm incurs as variable costs,sunk costs,or fixed costs.
a)The cost of issuing identity cards to all workers
b)The wages paid to the workers of the factory
c)The yearly rent paid for production space
d)The tax paid on the sale of its products

Consider a Textile Factory Operating in the Short Run