Question:

Which is not a fixed cost?

A.

Monthly rent of Rs. 1,000 contractually specified in a one-year lease

B.

An insurance premium of Rs. 50 per year, paid last month

C.

An attorney\s retainer of Rs. 50,000 per year

D.

A worker\s wage of Rs. 15 per hour

Answer» d. A worker\s wage of Rs. 15 per hour