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    Question

    Which of the following is not the fixed

    cost?
    A Cost of raw materials Correct Answer Incorrect Answer
    B Rent of factory bidding Correct Answer Incorrect Answer
    C Property taxes Correct Answer Incorrect Answer
    D Lease of the land Correct Answer Incorrect Answer

    Solution

      Fixed cost is a cost that does not change with an increase or decrease in the number of goods or services produced or sold.

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