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Question

Which of the following are not fixed costs?
  1. Rent on land
  2. Municipal taxes
  3. Wages paid to workers
  4. Insurance charges

A
Wages paid to workers
B
Municipal taxes
C
Rent on land
D
Insurance charges
Solution
Verified by Toppr

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.

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