Which of the following is most likely to be a variable cost for a firm ?

Profit Maximizing Under Perfect Competition And Monopoly 04/11/2020

A. The franchiser’s fee that a restaurant must pay to the national restaurant chain
B. The payroll taxes that are paid on employee wages.
C. The monthly rent on office space that it leased for a year
D. The interest payments made on loans.

Related Mcqs:

    Marginal revenue is ?
    A. the additional profit the firms earns when it sells an additional unit of output B. the difference between total revenue and total cost C. The ratio of total revenue to quantity. D. the added revenue that a firm takes in when it increases output by one additional unit....
    Maximum profit can be shown on a diagram using ?
    A. the MR and MC curves B. the AC and AR curves C. the AC and MC curves D. the MR and AR curves...
    A group of firms that gets together to make price and output decisions is called ?
    A. a concentrated industry. B. a cartel C. price leadership D. an oligopoly....
    The slope of marginal revenue curve is ?
    A. always equal to one. B. half as steep as the demand curve C. the same as the slope of the demand curve D. twice as steep as the demand curve...
    A market is defined as perfectly contestable if ?
    A. entry to it and exit from it are both costless B. entry to it and exit from it are both costly C. entry to it costless, but exit from it is costless D. entry to it is costly, but exit from it is costless...

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