Which of the following is an example of a variable cost?
A) The cost of installing new software on all office computers
B) The cost of the electricity used in an office
C) The cost of purchasing land for a new office space
D) The annual rent paid for an office space
Correct Answer:
Verified
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A) is
Q164: The figure below shows the marginal cost
Q165: The following figure shows the supply curve
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