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Recall the Application About the Costs Involved in Opening a Motel

Question 109

Multiple Choice

Recall the Application about the costs involved in opening a motel to answer the following question(s) .
-Recall the Application. The $35,000 franchise fee is a


A) fixed cost.
B) variable cost from the point of view of the franchise.
C) part of the franchise's short run profit.
D) part of the franchise's total revenue.

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