A book providing advice to entrepreneurs describes some business costs as being the amount of money that
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A book providing advice to entrepreneurs describes some business costs as being “the amount of money that will go out even if none at all comes in.”
a. Is the author describing a business’s fixed cost or its variable cost? Briefly explain.
b. Give an example of this type of cost.
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a The author is describing a businesss fixed cost Fixed costs are expenses that do ...View the full answer
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Chikkam Rajesh
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