wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following are not fixed costs?

A
Rent on land
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Municipal taxes
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Wages paid to workers
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Insurance charges
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Wages paid to workers
Fixed costs are those which are fixed for the production period. Wages paid to workers however can vary as the number of workers increase or decrease. Hence it is not considered as a fixed cost.

flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Unemployment
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon