Which of the following is most likely to be a variable cost? a) Real estate taxes b)

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Which of the following is most likely to be a variable cost?

a) Real estate taxes

b) Rental payments of IBM equipment

c) Interest on bonded indebtedness

d) Fuel and power payments.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 29, 2024 07:01 AM

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Which of the following is most likely to be a variable cost? a) Real estate taxes b)

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The correct answer is d Fuel and power payments Explanation Variable costs are costs that vary with ...View the full answer

Microeconomics

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