McqMate
| Q. |
Which is not a fixed cost? |
| A. | monthly rent of rs. 1,000 contractually specified in a one-year lease |
| B. | an insurance premium of rs. 50 per year, paid last month |
| C. | an attorney\s retainer of rs. 50,000 per year |
| D. | a worker\s wage of rs. 15 per hour |
| Answer» D. a worker\s wage of rs. 15 per hour | |
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Principles of Micro EconomicsNo comments yet