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Which one of the following is least likely to be a fixed cost?

Which one of the following is least likely to be a fixed cost?


Rent for buildings

Rent for land

Cost of commodity inputs

Cost of property, plant and equipment

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Attached is a detailed explanation... View the full answer

The answer is... View the full answer

Cost of commodity inputs because... View the full answer

Fixed cost: The cost and expenses that doesn't change with the change in the level of activity are... View the full answer

Cost of commodity inputs A firm will incur the cost of inputs again... View the full answer

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