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Commerce · Q1541

Economics

Graduate and Post Graduate · Commerce · question 1541

Q1541

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
Answer
C.
An attorney's retainer of Rs. 50,000 per year
D.
A worker wage is Rs. 15 per hour

Answer: Option B

Solution

Answer: Option B
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