MCQOPTIONS
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| 1. |
Total costs in the short-term are classified into fixed costs and variable costs. Which one of the following is a variable cost? |
| A. | ost of raw material |
| B. | ost of equipment |
| C. | nterest payment on past borrowing |
| D. | ayment of rent on buildings |
| Answer» B. ost of equipment | |