Which of the following is considered to be a fixed cost of operating an automobile?

a. Gasoline
b. Tires
c. Registration fees
d. Maintenance
e. Oil change


c

Economics

You might also like to view...

As an MNC based in the country of Westeros, suppose your firm currently has positive exposure to the Valerian pound. With expanding input needs, you expect to take on a substantial negative exposure to the Quarthian dollar. The Valerian pound and Qarthian dollar are negatively correlated. As such your firm's overall exchange rate exposure is expected to

Economics

In the figure above

A) moving from point a to point b would require new technology. B) production at point b is efficient whereas production at point a is not efficient. C) some resources must be unemployed at point c. D) opportunity costs are decreasing.

Economics

On average throughout the United States,

a. almost all individuals leaving welfare had jobs b. day-care shortages arose as individuals left welfare for work c. only about half the individuals leaving welfare had jobs d. former welfare recipients who are now working find that they no longer qualify for food stamps, child care, or Medicaid e. welfare rolls remained stable during the late 1990s and early twenty-first century.

Economics

If the interest rate increases, there is a(n)

A. increase in the demand for money. B. increase in the quantity of money demanded. C. decrease in the demand for money. D. decrease in the quantity of money demanded.

Economics