Which of the Following Is an Example of a Fixed

question 73

Multiple Choice

Which of the following is an example of a fixed cost that is also a sunk cost for a bakery as of January 15?

• A)The electric bill for the coming calendar year.
• B)An accountant's fees for tax preparation in April.
• C)The cost of a one-year lease on a building, signed January 1.
• D)The salary of the baker for the month of February.

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Definitions:

Capitalism

is an economic system characterized by private or corporate ownership of capital goods, by investments determined by private decision, and by prices, production, and the distribution of goods that are determined mainly in a free market.

Alienation

A state or experience of being isolated, detached, or disconnected from oneself, others, or society, often used in social sciences to describe a sense of estrangement produced by social structures.

Giorgio Agamben

An Italian philosopher known for his work on sovereignty, the state of exception, and concepts of biopolitics.

Zones Of Exception

Areas where normal laws and rights are suspended, often linked to state sovereignty and control.