Which of the following is an example of a fixed cost?
A) Rent
B) Insurance premiums
C) Contract salaries
D) Interest payments
E) All of these choices are fixed costs.
Correct Answer:
Verified
Q103: Q104: If ATC is $100,AVC is $90 and Q105: Statement I: The decision to shut down Q106: We can say that output has definitely Q107: If a firm is losing money,in the Q109: Which of the following is likely a Q110: The Fairlane Farm has total costs of Q111: If a firm is operating at an Q112: The decision to go out of business Q113: If ATC is declining,MC
A)may
A)must be below ATC.
B)may
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