Which of the following is most likely a variable cost for a firm?
A) the interest payments made on equipment loans
B) an annual payment for insurance on the firm's plant
C) the monthly rent on office space that it leased for 5 years
D) the payments made to match workers' 401K contributions
Correct Answer:
Verified
Q52: A residential cleaning company has total costs
Q53: Q54: Q55: Q56: A fixed cost can be thought of Q58: For small quantities of output,average variable cost Q59: Marginal cost Q60: A firm's short-run total cost (TC)is equal Q61: Q62: 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![]()
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A) is the increase in total![]()
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