Which of the Following Is a Fixed Cost

question 57

Multiple Choice

Which of the following is a fixed cost?

• A)Electricity to power the production process.
• B)Insurance on the factory's physical plant.
• C)Raw materials.
• D)Wages paid to labour.

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Definitions:

Neophobia

The fear of anything new or unfamiliar, often observed in the context of food or environments.

Basal Metabolic Rate

The number of calories required to keep your body functioning at rest, also known as metabolism.

Hunger

The physiological state characterized by a desire or need to consume food for energy.

Learning Experiences

Refers to the process through which knowledge, skills, habits, and attitudes are acquired, typically through various forms of instruction or observed experiences.