Mitch owns an accounting agency. The monthly payment on the land he purchased for his business, the mortgage on his small office building, and his business license are all examples of ___ costs.

Mitch owns an accounting agency. The monthly payment on the land he purchased for his business, the mortgage on his small office building, and his business license are all examples of ___ costs.


a. marginal
b. variable
c. fixed
d. promotional
e. demand


ANSWER: c


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