Which of the following is a fixed cost for ACME manufacturing?
A) wages paid to labor
B) the annual fire and theft insurance premiums
C) the utility bill
D) raw material costs
E) the cost of shipping its product to market
Correct Answer:
Verified
Q102: Because the amount of labor a firm
Q103: If a firm does not produce any
Q104: Increasing marginal returns occur when the
A) average
Q105: In the short run,total variable cost
A) includes
Q106: Total cost includes
A) the cost of variable
Q108: Marginal product equals
A) the total product produced
Q109: If Melissa owns a software company that
Q110: The short run is a time period
Q111: The cost that does not change as
Q112: Which of the following costs can be
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents