The rent paid on new office space to house a newly created marketing unit responsible for...
The rent paid on new office space to house a newly created marketing unit responsible for a new product is best described as a
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fixed cost |
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variable cost |
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surplus cost |
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per-unit cost |
Homework Answers
Correct Option: Fixed Cost
It is because whether the firm will start production or not, they have to pay the rent of the new office. Therefore, this is the fixed cost of the firm. Also, this cost will not vary the number of units produced.
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The rent paid on new office space to house a newly created
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