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Question 17

Which of the following items is NOT a variable cost?

  • A.Cost of machine
  • B.Cost of electricity
  • C.Salaries and wages
  • D.Cost of raw materials
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2012/2013
Question no.
#17
Type
Objective
Previous · Q16Which of the following is TRUE of Marginal cost? Next · Q18 Which of the following is NOT true of a market demand schedule?

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