Which of the Following Is a Fixed Cost for an Automobile

question 28

Multiple Choice

Which of the following is a fixed cost for an automobile manufacturing plant?

• A) administrative salaries
• B) electricity used by assembly-line machines
• C) sales commissions
• D) tires

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Definitions:

Buyers

Individuals or entities that purchase goods or services for personal use, resale, or production.

Sellers

Individuals or entities that offer goods or services for sale to consumers or other buyers.

Buyers

Individuals or entities that purchase goods or services for use or consumption.

Tax

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.