Question: While considering to build your dream house, you listed various costs involved as follows: A . The cost to buy a land plot available at
While considering to build your dream house, you listed various costs involved as follows:
A The cost to buy a land plot available at RM per sq feet.
B The cost to demolish the existing structure on the plot at a cost of RM
C The consultancy fee of RM to be paid to the professional architect.
D The cost to build the house at RM per sq feet.
E You also wish to add a pool in the house if the budget allows.
Which are the fixed, variable, and incremental costs in the list above?
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