Which of the Following Is Not an Example of a Committed

question 72

Multiple Choice

Which of the following is not an example of a committed fixed cost?

• A) Property taxes.
• B) Depreciation on buildings.
• C) Salaries of management personnel.
• D) Outlays for advertising programs.
• E) Equipment rental costs.

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Definitions:

Government Subsidy

Financial assistance provided by the government to support a specific industry, entity, or activity that is considered beneficial for the public.

Rental Rates

The cost associated with leasing or renting property, equipment, or other assets, usually expressed as a price per time period.

Long Run

is a period in economics where all inputs can be adjusted, and no fixed costs or constraints limit production adjustments.

Government Subsidy

Financial assistance provided by the government to individuals, organizations, or industries to support activities beneficial to the public or promote certain economic outcomes.