Staff, worker, hired help
Speed post cuier service
parcel package system goods service class
C. $1,000
$1 and average total costs of $3 when it produces 500 units of output. the firm's total fixed costs equal 1,000 dollars.
Answer:
royalties
Explanation:
According to my research on franchised businesses, I can say that based on the information provided within the question in business this obligation is referred to as royalties. These is an obligation in which the franchisee agrees to pay the franchiser a set percentage of the profits made under the licensed company. Like seen in the question the royalty percentages depend on the company as well as what is agreed upon when signing the licensing agreement.
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