________ are likely a fixed cost of a firm.
A) Wages paid to employees
B) The payments for supplies
C) Lease payments for office space
D) Travel expenses to meet with clients

Question

Quizplus · Accepted Answer

Lease payments for office space are typically fixed costs because they do not change with the level of output or sales of the firm. They are contractual and remain constant over the period of the lease agreement, regardless of business activity levels.

________ Are Likely a Fixed Cost of a Firm