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Central Bark is a dog resort where pets are pampered.Which of the following is the BEST example of one of its fixed costs?
Social Security Benefits
Government payments made to eligible individuals, such as retirees or disabled workers, based on their employment history.
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
Universal Life Insurance
Similar to whole life insurance; the cash value can be used to pay the insurance premium if the policyholder doesn’t pay it, but if the cash value is not enough to pay the insurance, the policy can lapse.
Premium Payment
The amount paid for an insurance policy, either as a lump sum or in installments.
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