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Question 26

Which of the following is regarded as fixed cost?

  • A.Cost of raw materials
  • B.labour wages
  • C.rent on land
  • D.cost of light
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2009/2010
Question no.
#26
Type
Objective
Previous · Q25A monopolist will practice price discrimination in two markets if Next · Q27 Given that fixed cost is N500.00, variable cost is N1,500.00 and output is 40…

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