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1.A producer borrows money and starts a business. List and explain which of the following is a fixed cost or a variable cost for Caribbean

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1.A producer borrows money and starts a business. List and explain which of the following is a fixed cost or a variable cost for Caribbean 1. The cost of fuel used in its 2. The rent on its Piarco 3. The lease payments on its current inventory of jets 4. The cost of peanuts it serves to passenger 5. The salary paid to the Chief Executive Officer

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