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Rasek [7]
3 years ago
12

Which costs would be considered fixed costs?

Business
2 answers:
natima [27]3 years ago
8 0

Answer:

A. raw materials

Explanation:

The definition of fixed expenses is “any expense that does not change from period to period," such as mortgage or rent payments, utility bills, and loan payments. The amounts may vary slightly, which may be the case with utilities, but you know they are due on a regular basis.

notka56 [123]3 years ago
4 0

Answer:

administrative salaries.

Explanation:

Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.

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Verslas is a firm operating in a monopolistically competitive market. It is currently maximizing profit with an output of 1,200
Marina86 [1]

Answer:

b

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero

If firms are earning negative economic profit, in the long run, firms leave the industry.  This drives economic profit to zero

in the long run, only normal profit is earned

If Verslas is producing at a profit maximising point, it means that marginal revenue equal marginal revenue and the firm is earning a normal profit

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3 years ago
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3 years ago
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kupik [55]

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