*$_Total costs in the short-term are classified into fixed costs and v – McqOptions

MCQOPTIONS

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.	Cost of raw material
B.	Cost of equipment
C.	Interest payment on past borrowing
D.	Payment of rent on buildings
Answer» B. Cost of equipment

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