An example of a fixed cost would be (i) raw materials supplied at a government -regulated price.
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Question:
An example of a fixed cost would be
(i) raw materials supplied at a government -regulated price.
(ii) rent paid on a factory.
(iii) machine maintenance.
a. (ii) only
b. (i) and (ii)
c. (ii) and (iii)
d. All of the above are correct.
what is the answer and why
what is the difference between fixed and variable costs
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