To improve productivity, a local bakery rents a machine that mixes, partitions, and then bakes dough for a variety of pastries.

Question

3 years ago

14

To improve productivity, a local bakery rents a machine that mixes, partitions, and then bakes dough for a variety of pastries.

The machine costs the business $2,500 per month to rent and operate, regardless of output. The cost of renting the machine is classified as _____.(1 point)
A. marginal revenue
B.a variable cost
C. a fixed cost
D. marginal cost

English

2 answers:

guapka [62] · Answer 1 · 2022-06-06T04:25:46+03:00

guapka [62]3 years ago

8 0

Answer:

b a variable cost you welcome

8090 [49] · Answer 2 · 2022-06-06T02:12:15+03:00

Cost refers to the total amount of money spent on the production of a particular units of product at a particular time.

The cost of renting the machine is classified as variable cost.

<em>Types of cost:</em>

Fixed cost : This is a type of cost that does not change with changes in production. This means, fixed cost remains constant during production. Examples: cost of machinery, cost of land, cost of building.

Variable cost: This type of cost changes with change in production. Examples; cost of raw material, salaries of employees, cost of renting machine etc.

Marginal cost: It changes with the changes in additional units of inputs in production.