All 5. The following are some of thecosts of a clothing manufacturer.State which among them will youconsider as fixed cost?A. O Cost of clothВ.Piece wages paid to workersС.Depreciation on machines owing totimeD. O Cost of electricity for runningmachines

To find : Which will be fixed cost

Answered: 5. The following are some of the costs…

5. The following are some of the costs of a clothing manufacturer State which among them will you consider as fixed cost?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 34CTQ: What is the relationship between marginal product and marginal cost? (Hint: Look at the curves.) Why...

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Question

All

5. The following are some of the
costs of a clothing manufacturer.
State which among them will you
consider as fixed cost?
A. O Cost of cloth
В.
Piece wages paid to workers
С.
Depreciation on machines owing to
time
D. O Cost of electricity for running
machines

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