Ali is a member of a family that consists of him, hisfather, his mother and his older brother. Each memberof the family has his own mobile phone. Each mobilephone is on a post-paid plan, for which a monthly bill isreceived at the end of each month. The electricity, onthe other hand, is provided to the entire house ingeneral, with one bill is received at the end of eachmonth. The father has recently received the electricitybill for the month. and wishes to do some analysis ofelectricity consumption. Assuming that the value ofthe electricity bill is calculated based on a constantmonthly subscription fee. In the above information, thecost of electricity to Ali is:а.A direct fixed costO b. An indirect fixed costОс.An indirect, variable costO d. A direct, variable costе.An indirect mixed cost

Fixed costs are those costs which remain constant regardless of units of output produced while…

that consists of him, his father, his mother and his older brother. Each memb of the family has his own mobile phone. Each mobile phone is on a post-paid plan, for which a monthly bill received at the end of each month. The electricity, or the other hand, is provided to the entire house in general, with one bill is received at the end of each month. The father has recently received the electrici bill for the month. and wishes to do some analysis of electricity consumption. Assuming that the value of the electricity bill is calculated based on a constant monthly subscription fee. In the above information, th cost of electricity to Ali is: а. A direct fixed cost O b. An indirect fixed cost Ос. An indirect, variable cost O d. A direct, variable cost O e. An indirect mixed cost

that consists of him, his father, his mother and his older brother. Each memb of the family has his own mobile phone. Each mobile phone is on a post-paid plan, for which a monthly bill received at the end of each month. The electricity, or the other hand, is provided to the entire house in general, with one bill is received at the end of each month. The father has recently received the electrici bill for the month. and wishes to do some analysis of electricity consumption. Assuming that the value of the electricity bill is calculated based on a constant monthly subscription fee. In the above information, th cost of electricity to Ali is: а. A direct fixed cost O b. An indirect fixed cost Ос. An indirect, variable cost O d. A direct, variable cost O e. An indirect mixed cost

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter17: Capital And Time

Section: Chapter Questions

Problem 17.2P

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