Which of the following best represents a fixed cost: а. payroll b.rent Oc. cost of merchandise sold Od. shipping costs QUESTION 8 Which of the following best represents a variable cost: a. rent b.j insurance Oc. cost of merchandise sold Od. interest

Which of the following best represents a fixed cost: а. payroll b.rent Oc. cost of merchandise sold Od. shipping costs QUESTION 8 Which of the following best represents a variable cost: a. rent b.j insurance Oc. cost of merchandise sold Od. interest

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 39P: A firm is considering an investment that will earn a 6 rate of return. If it were to borrow the...

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Answer both otherwise I dounvote.

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