Question: Select the type of cost - Fixed cost or Variable cost - that each of the following represents in the economic short run for a

Select the type of cost

-

Fixed cost or Variable cost

-

that each of the following represents in the economic short run for a business. For instance If you belleve that for the first kam fe correct match is

1,

then select the number

1

in the drop box.Wages paid to employees.Annual payment made for leasing the buildingPayment for inventory.Payment made for the company's annual insurance policyEmployment InsuranceVpayments made to the government on the workers' income

. 1 .

Fixed cost

2 .

Variable cost

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